Krayinvestbank is selling a plot for a commercial development in the center of Krasnodar

On 27 December the Auction House of the Russian Federation (AHRF) has scheduled an auction for the sale of the land plot with an area of 0.5 ha for the construction of business center or a shopping and office center in Krasnodar.
Address: 20, Rashpilevskaya Str.
The plot is located in an old district of the city, surrounded by historic buildings, luxury houses, business centers and 4-5* hotels. In close proximity there are public transport stops, in a distance of 100 m there is a favorite place of habitants and tourists – Peoples’ Friendship Park.

On that territory a future investor can construct up to 20 thousand sq. m of commercial areas (altitude restriction is up to six floors).
The starting price is 105 million rubles.
The sale is carried out on behalf of PJSC Krayinvestbank.

A possibility of connection to all necessary engineering services and utilities is available.
Currently an open-air parking for 20 spaces is located on the plot.

“The Object is located in one of the most expensive and prestigious districts of Krasnodar. Taking into consideration a unique location, an investor can carry here out a high-demand project, for example, an office center or apartments. A special attention should be given to the starting price – only 21.5 thousand rubles for 1 sq. m”, – comments Yulia Akimova, Head of Representative Office of the Auction House of the Russian Federation in Krasnodar.

For reference:
In September, 2017 theRrepresentative Office of the AHRF in Krasnodar was opened. The first biddings took place on 30 November. For the amount of 45 million a building of a store in the center of Sochi in Kurortny Avenue, 78B, was sold. (non-core property of Sberbank).
Currently the Representative Office of the AHRF in Krasnodar carries out an intense activity for involving various banks in cooperation. Krayinvestbank has become one of the first clients.

For detailed information about the Object of sale please see the website of the Auction House of the Russian Federation (AHRF)