This shopping plaza, built on 1 Rai (1,600sqm) Chanote titled land, is for sale Freehold. It is located roadside, at the south end of Klong Prao village.
The land is a rough triangle shape with the longest side having approximately 60 metres frontage on a bend on the main road. There are 17 units in the plaza.
Originally the owner dealt with tenants himself but as he is based in Pattaya, it wasn’t convenient to make regular trips to meet new tenants, collect rent etc. So for the past 8 years he has rented the plaza to a local businessman who then sublets to individual tenants.
This is a rare opportunity to get a small plot of Chanote titled land on the main road in a busy location. The plaza could be redeveloped as shophouses or even as a resort.
Kai Bae is under 10 minutes walk and there are several large beachfront resorts within 5 minutes walk – i.e. Emerald Cove, The Dewa, Grand Cabana , VJ Searenity, Magic Resort plus numerous smaller resorts.
Price: 14,000,000 Baht