Hotel for Sale in District 1 Center, Pham Ngu Lao Street, 6 Floors, Usable Area 400m2, Currently Leased

Hotel for sale in the heart of District 1, on Pham Ngu Lao Street, District 1. Extremely prime location, 6 floors, total usable area 400 m2. Land area 83 m2 (4.1m x 18m, widening to 6.2m at the back), not affected by road widening plans.
- Ground floor: Kitchen and office.
- Ground floor: Bar/Restaurant.
- Middle 4 floors: 76 dorm/hostel beds, fully equipped with amenities and bathrooms.
- Rooftop: Spa and massage.
- Current condition (All Private Box rooms have large, airy windows).
- Fire protection system for 100 guests.
- Back door leads to an alley connecting to Bui Vien Street.
- Opposite Thai Binh Metro station, currently 23/9 Park. Surrounded by hotels, spas, Thai Binh Market, and the bustling Nguyen Trai/Cong Quynh roundabout.
- Lease contract: 137 million VND/month, increasing 5% annually. Contract valid until 2029.
Selling price: 95 billion VND ~ 1.14 billion VND/m2 (Please note that the selling price may increase or decrease, or sales may be discontinued, depending on market demand)