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Investment plot 4.8 ares with building – Jana Pawła II Avenue
Basic parameters
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Property category:
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Service type:
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Price:
4 799 000 zł
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Area:
480 m2
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Price per sqm:
10000 zł
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Parking type:
Indoor parking
Amenities
Location
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Neighborhood:
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Address:
Building parameters
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Type of development:
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Building material:
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Number of floors:
2
Plot parameters
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Type of plot:
Budowlana
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Plot area:
4.8 ares
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Plot surroundings:
City, Park
Description
Property description: We offer for sale an investment plot of 4.8 ares (approx. 480 m²) with residential building located in Krakow at Jana Pawła II Avenue. Plot with building (currently unused) allows for both renovation/reconstruction and implementation of new investment after demolition – according to local plan provisions. Estimated development potential is approximately 700-750 m² of residential usable area for multi-family development with services.
Purpose according to local plan: Plot is entirely located in area marked with symbol MW/U.1 – Residential-commercial development areas. Basic purpose: multi-family residential buildings, residential-commercial development, commercial development. Possibility of underground garages. Maximum building height: 16 m. Minimum share of biologically active area: 50% (possibility of green roof, which counts towards biologically active surface according to local plan provisions). Building intensity index: from 0.3 to 2.0.
Property condition: On the plot there is a building in condition allowing renovation/reconstruction or demolition according to buyer’s decision. Full site infrastructure: water and sewerage – connection on plot, electricity – connection, telecommunications – infrastructure on plot area, gas – connection possibility (network in street), district heating – network at short distance (currently plot not connected).
Building condition: Building in technical condition allowing choice between renovation/reconstruction and demolition for new investment.
Investment potential and profit: Premium project with high expected profitability – investment with clear profit potential and minimal risk. Building intensity 2.0 on small plot means high usable residential area ratio with low operating costs. Prestigious location at main city artery guarantees high apartment sale prices. Possibility of premium apartments with commercial services on ground floor significantly increases investment profitability. Rising property prices in this area ensure safe investment value growth.
Location and area advantages: Prestigious location at Jana Pawła II Avenue in direct proximity to Tauron Arena, Park Lotników Polskich, Expo Kraków and Czyżyńskiego Roundabout. Excellent exposure at main city artery with access to tram and bus lines. Intensively developing surroundings with new residential and commercial investments. Perfect for developer planning residential-commercial building, individual investor or for office/practice with residential part.
Price 4,799,000 PLN (10,000 PLN per m²).
Clause: The above offer is for informational purposes and does not constitute a commercial offer within the meaning of Article 66 §1 of the Civil Code. In accordance with the Real Estate Management Act (Chapter 2, Article 180, point 3), signing a standard brokerage agreement is required before property viewing.
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