Shenzhen government has announced this area to do old city renewal. Buildings are 70% new and used to be hotel. After purchase, it can be decorated a little to rent out as hotel, KTV and apartments with monthly rental one million RMB. Good to keep it for a few years to wait for price going higher. Then decide to sell it to get money or get new properties.
Hengda Real Estate responsible for this area old city renewal project to discuss and purchase from owners. After purchase, old industry parks and village houses can be pulled down and build new commercial apartments, shopping malls, business center, etc. to build better properties, create better environment and make good profits.
Location at Buji Shawan, Long Gang District, Shenzhen city
Can sign demolition contract any time
The two buildings are used as hotels now.
Land area 1,262m²
Total construction area 6,601m²
50 years’ industrial land real estate certificate from 1987 to 2037 (China has announced 16RMB/m² to pay to prolong real estate certificate when it’s deal)
Transaction by property right transfer in Hongkong to pay in RMB, HKD, EURO, etc.
Two buildings rental up to around 4 million RMB per year
Price is RMB 110,000,000 (much cheaper than average market price in neighborhood)
Pictures posted are neighborhood instead of the industry park. All these will be sold out to build new properties per government old city renewal project.
We will contact you as soon as possible.