Sakarya Serdivan, Cadde 54 Street will earn 50 per cent to investors Emlak / By Agent7 months ago - Turkey Property For Sale - Sapanca - 395 views
The Avenue 54 project, built by Turkmall and YU Group, is being implemented on 52 thousand m2 of land in Sakarya Serdivan. The project, which aims to be the Vision project of Sakaria, includes offices, home offices, studio residences, bazaars and street stores in 4-5 storey blocks. There are 79 street stores, 1 Bazaar containing 78 stores, 470 offices and residences, 450 studio residences and parking for approximately 1500 cars.
The Avenue 54 project offers a 15 per cent down payment and a 36-month 0 interest payment for the remaining portion.
Street will earn 50 per cent to 54 investors
The Avenue 54 project is being implemented on 52 thousand m2 of land with an investment value of 750 million TL. The project, which aims to be the Vision project of Sakaria, includes offices, studio residences, bazaars and street shops in 4-storey blocks. The concept pillar of the project, which will serve not only Sakaria but also the region with its size and commercial axle characteristics, is being carried out by Evrenol Architects, which has signed many important national and international projects.
Turkmall Deputy Chairman of the board of Directors Levent Eyüboğlu said: "We realized the Caddesi 54 project, which was built with a new concept in Serdivan, the leading district of Sakaria, with the partnership of YU Group. We have added another one to our investments in the Marmara region. We believe that with the Avenue 54 project, an important commercial, economic and social service will be provided to the region. Avenue 54 will be a brand new address in the economic and social life of Sakaria. The project, which will be implemented in the most valuable location of Sakaria, will include traditional and modern architecture together. The project will include 79 street stores, 1 Bazaar containing 78 stores, 470 offices and residences, 450 studio residences and approximately 1.500 car parks, which will be evaluated for both investment and session purposes. Office, studio residence, residence, street stores and bazaar will be located in the 52 thousand square meters area developed in the project will complete deliveries in the second quarter of 2019.”
Makki Mustafa Özkan deputy chairman of the group management board, the following details about the project, said: “the culture of life in the city will change due to the location, educational institutions, universities, health care institutions and 54 forming a real Center Avenue with its proximity to historical sites, investors are already began to earn more than 10%. We're launching phase two sales of the project. We started talks with an international dormitory operator and private universities. We are in the signing phase with a private international dormitory company for a 5.000 m2 block. We thought that an Academy or school affiliated to a private university was also necessary in Sakaria, which has only one university and has reached the number of approximately 95 thousand students. In order to achieve this gain, we have started negotiations with private universities. Avenue 54 will be a projection that will carry forward the potential of Sakaria in this sense. Turkmall rental Team, Turkey's leading project development and leasing firm on rentable retail spaces, has stepped up its work. Interviews are held at the sales office on certain days / days of the week.”
1st. with the completion of stage sales 2. it is said that a 10 per cent premium has already been provided in the project, where stage sales have been launched.
Lowest-highest office price: 216 thousand TL - 918 thousand TL
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