Beneficial investment object in Ziepniekkalns

Land for sale with C-class offices, warehouses, and a paid parking lot
The property contains 4 small buildings, fully leased out
Yield 3.5% per year
The property is located in the center of a densely populated neighbourhood (Ziepniekkalns)
Zoning: Multi-storey residential development area (DzD1)
It is possible to demolish the existing buildings and develop a new volume of approx. 8,000 m²
Building intensity: up to 160%
Maximum building density: not specified
Minimum green open area requirement: up to 40%
Allowed height: up to 6 storeys
Permitted land use types:
-Multi-apartment residential buildings;
-Row house development;
-Office building development;
-Commercial or service building development;
-Tourism and recreational facilities;
-Cultural facilities;
-Sports facilities
Currently, the property generates a small cash flow
Utilities: water, gas, electricity
Opportunity to purchase the neighbouring property
Excellent infrastructure: nearby Rimi and Mego stores, public transport stops, a park 450 m away, several schools, kindergartens, sports halls, a clinic, a dental clinic, and various daily services nearby