KRW 20 Billion
Approx. 110 Pyeong Land | Approx. 295 Pyeong GFA | 8–9 Min. Walk to Yeoksam Station
Property Overview
| Category | Details |
|---|---|
| Asking Price | KRW 20 Billion |
| Land Area | Approx. 365.1㎡ / 110.4 Pyeong |
| Gross Floor Area (GFA) | Approx. 976.2㎡ / 295.3 Pyeong |
| Building | 4 Floors Above Ground + 1 Basement |
| Property Type | Neighborhood Commercial Facility |
| Zoning | Third-Class General Residential Area* |
| Completion | October 1984 |
| Parking | Available |
| Occupancy | Immediately Available |
| Building Violation | None Reported |
| Road Frontage | 25m+ Road |
| Location | Approx. 8–9 min. walk from Yeoksam Station, Line 2 |
Key Investment Points
1. Prime Gangnam Location
Located within walking distance of Yeoksam Station, the property benefits from strong accessibility to Yeoksam, Gangnam, and major business districts.
2. Approx. 110-Pyeong Land Parcel
The property offers approximately 110.4 pyeong of land, providing a meaningful land component for long-term asset value.
3. Excellent Road Accessibility
The building fronts a 25m+ road, offering good visibility and vehicle accessibility.
4. Flexible Commercial Use
The current building is classified as a neighborhood commercial facility, allowing various potential uses such as office, restaurant, and other commercial purposes, subject to applicable regulations and approvals.
5. Value-Add Potential
Given the size of the land, location, and surrounding commercial environment, the property may be suitable for investors considering future renovation, repositioning, or redevelopment strategies.
Rental & Income Considerations
Listing materials indicate that surrounding properties have average rental levels of approximately KRW 60,000 per ㎡.
Actual achievable rent, occupancy, operating expenses, and investment returns should be reviewed based on the property’s current lease status and comparable transactions.
Suitable For
- Investors seeking a Gangnam commercial property
- Buyers looking for a land-oriented asset
- Investors considering long-term redevelopment or value-add strategies
- Owner-users seeking a building with convenient access to Yeoksam and Gangnam
Asking Price
KRW 20 Billion
Aman Real Estate can provide additional information regarding the property’s lease status, surrounding transaction cases, rental levels, development potential, and on-site conditions.
Disclaimer
All information provided is based on available property materials and is subject to change. Zoning, permitted uses, development potential, rental conditions, building status, and other legal or technical matters should be independently verified through official documents, relevant authorities, and on-site due diligence before making any investment decision.
AMAN REAL ESTATE
Gangnam, Seoul, Korea
