Great location 1320sqm commercial land for sale BKK | central Phnom Penh

721 Preah Monivong Blvd (93), Phnom Penh, Cambodia

Features

  • Close to embassies
  • Development potential
  • Near CBD
  • Street presence

Details

Great location commercial land with exceptional street frontage on Monivong Boulevard near BKK 1 for sale in central Phnom Penh.

Formerly used as a school, this property could be converted easily into an office/retail complex or the entire plot redeveloped into one of the most prominent buildings in the city.

With good access from the front and the rear of the property, there is plenty of scope for any business function – bank, showrooms, medical, restaurant.

The land can easily accommodate 15+ car parking spots.

The asking price is negotiable and the property is a combination of 2 hard titles.

  • Location: Monivong Boulevard
  • Size: 1320sqm
  • Title: 2 hard titles
  • Rooms: 14
  • Buildings: 3
  • Parking: 15+

Land description

  • Central Phnom Penh
  • Main road frontage
  • Separate rear entrance
  • Well-maintained buildings
  • High ceilings
  • Large commercial kitchen
  • Garden setting + in-ground pool
  • Land: 20 x 66m
  • 14 bedrooms or discrete offices/14 bathrooms/3 main halls or open plan offices
  • East-West orientation

Original ID: BKK3.AP1

 

Does this land interest you?

Does this location or property type interest you?

Send us a message by filling out the contact form below to schedule a FREE viewing.

We have apartments, condos, office spaces for rent and sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

 

Upmarket BKK 1:

Boeung Keng Kang (BKK) 1 bordered by Sihanouk, Norodom, Mao Tse Tung and Monivong Boulevards is a popular area.

Being the centre of Phnom Penh with its banks, hotels, restaurants, shops and bars, BKK is seen as the place for business deals and considered the ‘foreign capital’ for its cosmopolitan nature.

Here are the embassies of Switzerland, Bulgaria, Brunei and Sweden and various NGOs and international companies. BKK also has many schools offering world class education.

It may be pricey, but this area is attractive for all sorts of businesses on streets 278, 282, 63 and 51.

Apartments and hotels are in the mid to upper range due to location and quality.

The local market is located offers a range of goods including fresh food, clothes, jewelry, money exchanges and household goods.

Surrounding the market is a wide selection of international F + B options including coffee shops and bakeries.

After dark the streets are alive with bars, clubs, hotel rooftops and restaurants open for punters.

Things are pricier but you won’t want for much more.

BKK has pretty much everything.

 

Is the property market healthy enough?

Despite claims that the Cambodia property market is not healthy enough in 2022 to compete globally, there is evidence this is not the case.

The sector has ridden a massive wave of direct foreign investment, mostly from China, with no foreseeable limit, despite COVID-19.

READ MORE

 

Good guide to investing

Here is a good guide to investing in Cambodia that is intended to help you steer away from total financial disaster.

The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one. READ MORE

 

Innovative Cambodia my 2nd home program

Cambodia my 2nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).

Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.

Benefits for participants in the Cambodia my 2nd home program include – a 10 year unlimited entry / exit visa and, after 5 years, they are eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.

 

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