Hefei Bestbet City Plaza _Property for Sale

Junction of Liquan Road and Quanjiao Road, Yaohai District, Hefei, Anhui, 230001, CN

Hefei Bestbet City Plaza

Asset Description

Hefei Bestbet City Plaza is a major urban mixed-use development project located at the heart of Hefei city, the capital of Anhui Province. China.

The project house a lifestyle furniture mall, a retail pedestrian street, and high-end residential buildings, etc.

The subjected property for sale, is the shopping mall featuring a furniture mall that consists of three interconnected halls with a total gross floor area of 162,000 square meters, in which the mall is about 122,000 square meters, and an annex car parking building (about 40,000 square meters).

Since its opening in 2008, the project has enjoyed a healthy footfall and occupancy, with stable rental generation.

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Attributes

Building area gross

122,133 m²

Occupancy

70%

Year built

2008

Parking spaces

926

Land area gross

66,667 m²

Investment strategy

Value Add

Media

Investment Highlights

Strategic location in Hefei City Center close to Hefei Railway Station
Within a densely populated area with high number of residential and worker population.
Stable and resilient performance since its opening and post-Covid19
Embedded future upsides via AEI and value-add opportunity