Dear valued members and friends,
We are excited to share with you Colliers exclusively project: 13.1 ha. land for sale in Bau Bang industrial park, Binh Duong.
If you are interested in the site as an investment or operation, please feel free to give us a shout. Here is some brief information for your consideration,
- 130,894 sqm of vacant industrial land developed by Becamex IDC (completed surrounding infrastructure; the land is clean, cleared & ready for development)
- Location – The land is within Bau Bang Industrial Park, Lai Uyen, Bau Bang District, Binh Duong (50km from HCMC) follow the link: goo.gl/jrCaE8
- Local entity set up and held 100% by offshore by an international private owner with company clean and ready for acquisition
- Majority Pre-payment for the entire lease term has been paid. An additional rental of US$0.288/sq. m/year (approx. $37,697) will be paid annually for the term which has a good 38 years left until 30/06/2057.
- Price being requested is a very reasonable $8.5M USD (approx. $65/sqm) Just FYI I am told by Becamex that their most recent transaction was for $80/sqm (which would make this land valued at $10.47M USD) Becamex have no land left for sale in this park and are developing the second phase of their RBF. The only land available is through private sellers – We have negotiated with this landlord to lower the price for a quick sale due to their change of business strategy and they now have board approval to sell. They were previously looking to manufacture furniture there and have the licensing in place but never got started as they focused on their factories elsewhere in the world.
- There is approx. $1.5M of company debt through depreciation (over last 10 years) which can be tax deductible for any new buyer as well as any further development costs associated with constructing your own space.
- Site image – attached
- 2 to 3 floors constructible over 60% land coverage.
To have more information, kindly view more as below :
or contact us through email : info@beluxcham.com