White Mountain Property is pleased to offer a high yield office building, with a return of 8% (with potential for 10%) yield/ return, in the Bucharest office space sector. This 2010 building, with around 11,010 sqm of leasable space on 6 floors (but with potential for more floors to be added) is 100% occupied currently. Opportunity to invest in the most important & prestigious district of Bucharest in a recently constructed building to modern construction standardsTotal GLA = 11010 MPOffice GLA =10115 MPCommercial GLA 897 MPFloor plate = 1900 MP6 above ground floors2 underground parking levels122 car parking spaces, capacity to extend using Klaus systemLand Tenure: FreeholdEstimated NOI = 1.6-1.9 mil eurosCurrent Net annual 1,863,,535Tax, Maintenance, 242,100Net annual income, 1,621,425 eurosCurrent yield = 8%, opportunity to increase to circa 10% with minimal investment/ Adjustments2010 construction to current European standardsSold as an SPV/SPE but with the option to buy the building without the company for 5% additional cost
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