Extremely Worth Investing!! For Sale: Commercial Building with Front and Back Road Access Located on Rong Muang Road, Salak Hin Alley, Hua Lamphong. 4 Units, 82.4 square wah (approximately 329.6 sq.m.). Central location in a tourist hotspot, near Hua Lamp

Extremely Worth Investing!! For Sale: Commercial Building with Front and Back Road Access
Located on Rong Muang Road, Salak Hin Alley, Hua Lamphong.
4 Units, 82.4 square wah (approximately 329.6 sq.m.).
Central location in a tourist hotspot, near Hua Lamphong MRT station.
Investors, don't miss this opportunity!

Video Link : https://youtu.be/mE-nRdgObm0

You can view a 360-degree virtual tour of the property here:
https://360tour.thaipropertyinvestor.net/en/embed/USYV8MQlRO

Location:
Rong Muang Road, Rong Muang Subdistrict, Pathum Wan District, Bangkok

Details:

4-unit commercial building with front and back road access
2 units facing Rong Muang Road, 4.5 stories + rooftop
2 units facing Salak Hin Alley, 2 stories + rooftop (can be extended to 3 or 4 stories)
Total area: 82.4 square wah
Usable area: 884 sq.m.
Red Zone (commercial zone) on city plan
House facing northwest
Suitable for:

Renovating into a hostel or hotel with a rooftop bar
The ground floor can accommodate almost any type of retail business
Convenience stores, restaurants, cafes, coffee shops – ideal location with year-round business potential
Prime location at an unbeatable price! (Other buildings in the area are selling for over 100 million THB)
Parking space for 2 cars in front of the building, only 250 meters from Hua Lamphong MRT station
Dual frontage on both sides, with an internal walkway connecting the front and back roads
Strong structure, easy to renovate, and cost-effective for further investment
Perfect for businesses like apartments, hostels, hotels, retail businesses, restaurants, or as a long-term investment
Sale Price:
72,000,000 THB
Price is negotiable!

Think of the value!! Three investment options:

Option 1 (Convert entirely into a dormitory):

If you utilize 85% of the usable area, you can create 45 rooms, renting each for 9,500 THB/month, generating an annual income of 4.86 million THB or a 6.6% return.
Option 2 (Create rental retail space + 30-room dormitory):

If you rent out the entire ground floor, you can earn 120,000 THB/month, combined with the dormitory rental income, totaling an annual income of 5.04 million THB or a 6.7% return.
Option 3 (Extend floors or enclose part of the rooftop to create approximately 12 additional rooms):

This option could generate an additional annual income of 1.4 million THB.
Combining Options 1 and 3:

This could result in a total return of 8.1%!!
The dormitory and apartment options are especially attractive due to the likely high occupancy rate, given the proximity to shopping malls, the CBD area, office workers, students, and the Hua Lamphong MRT station.

Nearby locations:

MRT Hua Lamphong
Hua Lamphong Station
Rong Muang Road
Chulalongkorn University
Debsirin School
Wat Makutkasat School
Saipanya School
Suankularb Wittayalai School
Rama IV Road
Si Rat Expressway
Banthat Thong Road
Rama I Road
For viewing or more information, contact:

Khun Gee: 092-618-9924
Line ID: champ528
Line ID: @thpropertyinvestor (with @ in front)
www.thaipropertyinvestor.net