Plot for construction of luxury housing near the Peter and Paul Fortress

The Auction House of the Russian Federation (AHRF) is preparing for sale the land plot with an area of 1.3 thousand sq. m. in one of the most prestigious locations of Saint Petersburg – on Petrogradskaya Side, near Peter the Great Lodge.
Address: 1, Letter Б, Michurinskaya Street, Saint Petersburg.
On the given territory it is possible to construct about 9.9 thousand sq. m. of Premium Class housing with a height of 28 meters.
The Urban Development Plan for the plot is obtained, the Territory Planning and Survey Project is approved.
The starting price – 490 million rubles.

In accordance with the issued Urban Development Plan on the given territory it is possible to build a residential building with total area of 9.9 thousand sq. m. (useful area 6.9 thousand sq. m.) with built-in premises and underground parking for 55 cars.

“This is a prestigious historical part of Petrogradskaya Side, where several expensive premium projects have already been carried out – reconstructed residential complex of the “Renaissance of Saint Petersburg” Corporation and club building for 50 apartments of the Eurosib Tranportation Company.
Despite a relatively small size of the plot, we think the investors will be interested, as the plots in historical center of the City for an elite construction now are rarity. An undisputed advantage of the given location will be that windows of the future house will overlook the Neva and Malaya Nevka rivers”, tells Yuliya Akimova, Deputy Head of Commercial Department of the Auction House of the Russian Federation.

The Object located in the area with a good transport accessibility – near the “Gor’kovskaya” Subway Station and major transport nodes – Petrogradskaya Embankment, Kamennoostrobskiy and Bol’shoy avenues – connecting the Island with Kalininskiy, Central and Vasileostrovskiy regions of the City.
The Object surrounding is a residential development of a high price segment with a good social infrastructure, as well as hallmark historical places as Peter and Paul Fortress, Lodge of Peter the Great, Petrovskaya Embankment and Troitskaya Square.

On the territory to be sold there is a building with an area of 479.6 sq. m., which is not a monument and can be demolished.

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