33 Teheran-ro 32-gil

06223

The property at Gangnam-gu, Yeoksam-dong 724-40, is in one of Seoul’s most sought-after commercial and residential neighborhoods. Located near Gangnam Station, this area provides excellent accessibility through Seoul’s extensive public transportation network and is within walking distance to many amenities. These include premium dining options, cafes, shopping centers, and office spaces, catering to a high-income population and professionals working in Gangnam’s bustling business district. Property Details and Investment Potential This site is primarily utilized for mixed-use purposes, making it attractive for investors looking for rental income or redevelopment opportunities.

Market and Economic Considerations

Properties in Gangnam, especially around Gangnam Station, command high prices per square meter compared to other districts in Seoul. The region is popular for its investment security and potential appreciation, driven by continuous demand and the area’s prestige. For investors, this property could serve as a stable income source through rental income from commercial tenants on lower floors and residential units on upper floors.

Given the high property values and lease rates, potential buyers should prepare for a significant upfront investment but can anticipate steady rental yields and long-term value growth