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Kadrioru Plaza - unit 2.

Internal Rate of Return12.85%
Total exited price€465,000
CountryEstonia

Object overview

Starting from the 1st September this property will start generating income!

VIDEO OVERVIEW

  • Category: Rental project
  • Total yield: 12.5%
  • Rental yield: 6.5%
  • Capital Growth: 6%
  • Payment frequency: Monthly
  • Collateral: Owned by our SPV and mortgage
  • Duration: Long-term
  • Location: Estonia

Kadrioru Plaza is a commercial and residential building commissioned in 2020 and. The new developed building is located in the center of Tallinn, Kadriorg district. Floors 1 to 4 are commercial spaces and 5-9 residential apartments. Our office space is located on the 3rd floor - nr. 303, with a total area of 186,6 sqm. The office space comes with 2 parking space in the under-ground parking area.


The area

The great location of Kadrioru Plaza deserves special mention. It is located next to one of the busiest traffic junctions and in the immediate vicinity of important service companies and government agencies. Connections to the city center and the airport, as well as Kadriorg with its parks, cafés and museums add value. Visitors and residents will fully enjoy the admirable location.

Main facilities:

  • Public transportation – next to the building
  • Restaurant, beauty salon and dentist – in the building
  • Hypermarket – next to the building
  • Kadrioru park and KUMU museum – 5 minutes walk
  • City center, old town – 3 minutes drive
  • Hilton Park Hotel Tallinn – 2 minutes walk
  • Quick connection to port, airport and Tallinn bus station

The property
Kadrioru Plaza building, with its outstanding architecture, is characterized by a modern interpretation of Art Nouveau architecture and a streamlined Art Deco style. It is the largest and most comfortable residential and business complex in Kadriorg, completed by the renowned Estonian architectural firm Künnapu & Padrik Architects. In addition to excellent apartments, Kadrioru Plaza combines unique facilities with relaxation areas, common areas and sports facilities.

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