RAD announced the first auction within the framework of cooperation with the company “Oboronservis” For sale offered a territory for redevelopment in the center of Irkutsk

For sale offered 99.9% of the shares of “475 Military and Cartographic Factory”.
Date of the auction – 16 April.
Starting price – 41.7 million rubles.

The main assets of the company – the territory with an area of 1 he for redevelopment in Irkutsk at the address: 24, Rabochego Shtaba Street.
Currently the plot is used for administrative and industrial purposes, some of the objects located on it (storehouse with an area of 430 sq. m.) are leased at market rates. There are potentialities to attract tenants to other premises, as logistics objects in Irkutsk city are traditionally in demand. This will allow the investor at predevelopment stage to gain a monthly steady profit.
The plot is located in the zone of mixed development – industrial, office and residential. All necessary utility systems (electric power supply, heating, water supply, sewerage) are available.

Currently the former production buildings are located on the plot. Most of them are in poor condition and require renovation or demolition. One of the buildings, the factory with an area of 5.2 thousand sq. m., is the monument of regional significance.

“The given plot is a good proposal for integrated construction in the area of the existing development of Irkutsk city. Good location, absence of long-term encumbrances and availability of all necessary communications, including a significant resource of electric power, make the object attractive for future investments. The plot belongs to the industrial areas, but the surrounding lands being developed as a social, business and residential development. This gives reason to consider a complex option of the plot development, constructing the objects of administrative, commercial and entertainment functions with possible inclusion of housing and related infrastructure” (Dinara Useinova, Deputy Director of RAD).

Bidding will take place at the electronic platform of the Auction House of the Russian Federation – Lot-online.

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