Description of property
We encourage you to familiarize yourself with a unique property with great investment potential, located in a quiet and peaceful district of Wesoła in Warsaw. The presented property is a historic building from 1862, which in recent years served as a staff hotel.
Price: PLN 1,699,999 (subject to minor negotiations)
Area: 1250 m² on a 1600 m² plot.
Given the existing usable area and the size of the plot, the building offers a wide range of adaptation possibilities. The property, in need of major renovation, provides an excellent platform for creative subdivision into smaller residential units or the creation of a luxury apartment building with additional amenities.
Investment potential:
Expansion and modernization: The space offers the flexibility to create 10 to 30 modern residential or commercial units, with the potential for a significant return on investment.
Partial renovation: 250 sqm of the property was recently renovated, showing the possibilities and quality of the space after the renovation.
Ownership structure: the main part of the building has full ownership, providing a solid foundation for further legal and construction activities.
The estimated cost of renovation and adaptation is about 3-4 million PLN.
Advantages:
Full ownership with a clean land register.
Location in a well-connected neighborhood with easy access to central parts of the city.
Large, well-sunlit plot area, providing opportunities for outdoor space.
Future:
An ideal proposal for a developer interested in creating an exclusive residential site.
Potential for a mixed-use project ranging from apartments to an exclusive boutique hotel.
Possibility to resell 75% stake in the property or establish a strategic partnership.
Additional assets:
Large, green garden.
Garage under the building.
Possibility of own arrangement of the basement and public spaces.
We encourage investors to recognize the unique character of this property and to discuss the opportunities it offers. This is not just a real estate sale, it is an invitation to co-create a space that can change the face of Wesola.
CONTACT:
Iwo Zarzycki EstateStreet
Tel: 796 930 690
E-mail:
Updated at: 28/09/2024
Location on the map
Poland, Warsaw, Warsaw
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