This plot with significant investment potential due to the planned development of neighboring parcels has a strategic location near the Prague-Libeň Railway Station, O2 Arena, and Českomoravská metro station. The plot includes a four-story residential building.
Key investment criteria
Key investment criteria
- property suitable for development purposes
- adjacent plot offers an opportunity to merge the land into a single site with significant development potential
- plot size: 422 m2, located within a heritage-protected area
- location with excellent transport accessibility
- a residential building currently stands on the plot:
- net rentable area: 936.2 m²
- residential units: 709 m²
- commercial units: 227.2 m²
- current gross annual yield: approx. CZK 1.6 million
- potential of attic conversion/expansion
- net rentable area: 936.2 m²
- location with excellent infrastructure and transport accessibility
Property description:
- corner plot
- historic building
- significant architectural features: corner bay windows, façade cornices
- 4 above-ground floors
- 6 residential units, ranging from 1-bedroom to 3-bedroom
- commercial spaces and garage
- gas boiler heating
Location
Vysočany is a dynamically developing district of Prague with excellent transport accessibility and complete civic amenities. Quick connections to the city center and other parts of Prague are provided by the Českomoravská metro station, trams, and trains from Praha–Libeň Railway Station. The immediate vicinity includes shopping centers, sports and cultural venues including the O2 Arena, schools, healthcare facilities, and parks for leisure activities.
Facilities
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Parking
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Cellar
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Garage