Land for Sale for invest ratio 50% in the main street of Zouk Mikael
$800,000.00 USD
This 509 sqm prime plot in Zouk Mikael represents an exceptional investment opportunity, perfectly situated on the town's main internal street. While the land currently holds a three-floors building with five vintage 85 sqm condos, it is primed for a complete transformation. Leveraging a 50% investment ratio, you can replace the existing structure with a modern, high-yield development featuring six floors of residential space, ground-floor retail stores, and dedicated underground parking. It is a rare chance to capitalize on a high-traffic location with a brand-new, multi-use landmark. Development Overview • Total Floors: 6 Floors + Ground Floor • Commercial Potential: Ground floor shops/stores • Infrastructure: Provisions for underground parking • Investment Factor: 50% exploitation • Current Status: Old building ready for redevelopment - The Land Consist: -3 Floors -5 Condos each 85 sqm - each Condo consist : -2 bedrooms -Salon -kitchen -1 bathrooms - Garden
- Status
- live
- Condition
- new
- Category
- Real Estate
- Location
- Lebanon, Keserouan, Zouk Mikael
- Seller
- Classified Ads