Profitable office center

Category “A” Office Building in a Good Location of Budapest

Type: Office Building
Category: A
Years of renovation: 2005, 2009
Location: Budapest, XIV. District
Asking price: On request
Rentable area: 8000 m2
Yield: 6. 75% net
Occupancy: currently about 93%, as of August 2016: 100%
Main tenant: French insurance company

Description
The property consists of two parts: the flat building A, and the high-rise building B.
The flat building was renovated in 2005 according to modern energy-saving technology.
In 2009, the high-rise building was completely renovated.
In 2015, the lease contract with the main tenant was prolonged for another 10 years.

Rental information
Leasable space: 8. 000 m2
Available spaces for rent
Building A, Ground floor: 300 m2
Building B, 3rd floor: 369 m2
Building B, 4th floor: 369 m2
Building B, 5th floor: 369 m2
Total leasable area: 1407 m2
Minimum Unit: 300 m2
Maximum Unit: 1. 107 m2

Rental prices
Rent Min: 9 € m2 / month
Operating costs: € 3 / m2 / month
Park Place Renting fees:
65 € / car / month

Common area multiplier: 9 %
Renting period: 3 - 5 years

Location
1146 Budapest, XIV. District
Public transport
Metro: M1
Tram: 1, 3, 69
Bus: 5, 70, 72, 74, 25
National road network
Highway connection: M3

Features
Code card access system
Environment friendly technology
Reception service
24 h security service
Suspended ceiling
Bicycle rack
4-pipe fan-coil system
Fresh air supply
Restaurant
Flexible partitioning
Parking
Garage