For sale offered a land plot for construction of elite residential building near the embankment of the Neva River on Vasilyevsky Island

On 12 November the Auction House of the Russian Federation (RAD) announced bidding for sale of the land plot with an area of 1,294 sq. m for public and business development, including housing and apart-hotel construction, in the historic part of St. Petersburg at the intersection of Makarov embankment and Sredniy avenue of Vasilyevsky Island.
Address of the object: Sredniy avenue of Vasilyevsky Island, 2, letter B.
On the plot it is possible to build not less than 6 thousand sq. m of housing.
Starting price – 185 million rubles.

Urban development plan for the plot is available, project of the area planning is agreed, specifications for connection to the engineering service networks are obtained.

The land plot is located in the historic center of St. Petersburg, near the Neva River embankment and the Spit of Vasilyevsky Island.
Nearest main roads – Makarov embankment and Sredniy avenue of Vasilyevsky Island. In walking distance there is metro station “Vasileostrovskaya”.

“The unique location of the plot makes it possible to carry out the project of elite residential development. Under the conditions of almost total non-availability of ready plots for housing construction in the historic part of the city, taking into account the cost of the project, we expect a high level of interest of investors for this bidding”. (Dmitry Altbregin, Head of Department for Work with Private Owners).