4 Bedroom Condo For Sale - Toul Kork, Phnom Penh | IPS Code 9233
Located very near the popular expat area of Russian Market, this 16 bedroom building in Boeung Tumpun is now available for sale. It is a short walk away from Siv Eng Pharma, Fresh Natural Restaurant, Russian Market, and other local businesses. Russian Market is also a few minutes away, and there - a host of restaurants, bars, coffee shops, retail outlets and shops are available.
The building occupies 236 sq.m. of land and is comprised of 16 bedrooms with en-suite bathrooms. It is partially furnished with ceramic floor tiles all throughout and lighting fixtures. It can ideally be renovated into a hostel or residential space, which can provide a great passive income for the new owner. It can also be used as a school or office building.
The 3-story property is currently receiving a monthly income of $1,000 with 12 rooms currently being rented, while the 4 rooms are being used by the current owner. The selling price is already inclusive of a hard title and transfer fee.