Source: eKapija | Tuesday, 01.06.2010.| 16:06
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Building of Australian Embassy in Čika Ljubinoj Street for sale

- The business building of the Embassy of Australia, situated in the center of central pedestrian zone in Belgrade, has been officially put up for sale - said the people from leading real estate consulting company CB Richard Ellis, which is the exclusive sales agent.

"Situated in the very center of the city, in Čika Ljubina Street, the building includes total of 1,750 square meters of net useful surface, which is ideal for business and commercial use. The space within the building is organized in nearly identical floor structures when it comes to the layout of individual premises, capacities and total surface of floors. Every floor is spatially divided and it can be segmented even further, which can significantly facilitate the proces of reorganization in accordance with a changed or completely new use value that will suit the business ideas of new owners. Majority of current business units are equipped with air conditioners. The building has two elevators that connect ground floor and the eighth floor, one of which even goes to the cellar where hygiene, maintenance and security premises are situated, as well as storage space", it is stated in the announcement by CB Richard Ellis.

Future local or foreign investor will, with adequate renovation works, have at his disposal a modern business building in a good location, which is ideal for renting. There is also a possibility that the purpose of the facility be changed into a hotel of smaller capacity, which would suit the sophisticated target group of users of insufficiently exploited market niche.

- In spite of currently reduced investment activities in the light of global economic and commercial climate, the business building in such unique location definitely has an exceptional lease potential. Excellent ratio of spatial capacity opens the possibility for big international market players to enter Serbian market and position their businesses in this uique location on the map of office space in Belgrade. On the other hand, the facility also meets all criteria for any other commercial use, which additionally increases the value of this already excellent investment opportunity - said Dragan Radulović, CEO of CB Richard Ellis Serbia.

As we learned from CB Richard Ellis, the building will not be the subject of sale on a public tender since the value of the property and the image it enjoys definitely demand for extremely market-profiled concept of sale that will ensure the best possible realization of the investment.

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