Overview of the Building
Vietbank Office Building, located at 70-72 Ba Trieu Street, Cua Nam Ward, Hanoi, stands as a notable Grade C office option in the heart of the capital. With a scale of 10 above-ground floors and 01 basement level, the building offers a substantial total leasable area, catering to the diverse needs of businesses. Each typical floor spans 340 m2, designed for flexibility to optimize workspace utilization.
Vietbank Office Building is renowned for its strategic location on one of Hanoi’s busiest and oldest commercial streets. This provides a significant advantage in terms of trade, client access, and partner engagement. The building is not merely a workspace but an ideal address to enhance brand image for companies seeking a reputable presence in the city center.
Featuring a modern design and comprehensively invested infrastructure, Vietbank Office Building is committed to delivering a professional, convenient, and efficient working environment. Both internal and external amenities are well-provided, from advanced air conditioning systems to easy access to public services and entertainment facilities.
Location and Connectivity
Vietbank Office Building boasts a prime address at 70-72 Ba Trieu Street, Cua Nam Ward, Hoan Kiem District, Hanoi. This location is one of the building’s most outstanding strengths, offering superior advantages in traffic connectivity and access to surrounding amenities.
Ba Trieu Street is a vital thoroughfare, connecting numerous central districts and serving as a hub for many administrative agencies, banks, representative offices, and major commercial centers. From the building, businesses can easily reach Hoan Kiem Lake, the Old Quarter, and major financial centers such as the State Bank of Vietnam and the Hanoi Stock Exchange within minutes.
Connectivity to other main roads like Tran Hung Dao, Hai Ba Trung, and Ly Thuong Kiet is also highly convenient, facilitating easy commuting from neighboring districts. A diverse public bus system with many routes passing through this area provides convenient transportation for employees and clients.
The area surrounding the building features a rich ecosystem of amenities, including restaurants, cafes, convenience stores, shopping centers, and banking services. This not only serves the daily needs of employees but also fosters a dynamic and convenient working environment.
Technical Specifications and Operational Facilities
Vietbank Office Building is equipped with standard technical specifications and operational facilities, ensuring a stable and comfortable working environment for businesses.
- Scale: The building comprises 10 above-ground floors and 01 basement level, offering flexible total leasable area.
- Typical Floor Area: 340 m2 per floor, allowing businesses to customize their space according to specific needs.
- Air Conditioning System: Utilizes a new generation central air conditioning system, ensuring fresh air and stable temperatures throughout the office space, maximizing comfort for occupants.
- Backup Power System: A modern backup generator provides 100% power capacity, ensuring continuous and uninterrupted operations even in the event of grid power failures.
- Elevators: A system of 02 high-speed Mitsubishi elevators facilitates quick and efficient movement between floors, minimizing waiting times during peak hours.
- Working Hours: The building operates from Monday to Friday (8:00 AM – 6:00 PM) and Saturday (8:00 AM – 12:00 PM), aligning with the work schedules of most businesses.
- Parking: The building features 01 basement level for motorbikes and additional car parking lots adjacent to the building, meeting the parking needs of employees and clients.
Lease Costs and Commercial Terms
Vietbank Office Building offers competitive rental rates, suitable for the Grade C office segment in central Hanoi, providing optimal value for businesses.
- Office Rent: 15 – 16 USD/m²/month (excluding VAT).
- Service Fee: Included in the rental price.
- Value Added Tax (VAT): 10% on the total rent and service fee.
- Car Parking Fee: Parking at nearby lots around the building (detailed pricing will be provided upon inquiry).
- Motorbike Parking Fee: 300,000 VND/motorbike/month.
- Overtime Fee: Free when air conditioning is not used. If air conditioning is used outside of standard working hours, fees will be charged according to the building management’s regulations.
Flexible lease terms, typically 3-5 year contracts, with deposit and payment conditions usually quarterly or semi-annually, facilitating business cash flow.
Suitable Business Types
With its advantages in location, facilities, and reasonable costs, Vietbank Office Building is an ideal choice for various types of businesses:
- Small and Medium-sized Enterprises (SMEs): With a typical floor area of 340 m2, the building is suitable for medium-sized businesses seeking a professional workspace with optimized costs in the city center.
- Startups: The convenient location and dynamic working environment will support startups in building their brand and expanding their network.
- Representative Offices: Companies looking to establish a reputable representative office in central Hanoi for easy access to partners and clients.
- Businesses in Service, Consulting, Information Technology sectors: These industries often prioritize central locations for convenient client meetings and talent acquisition.
- Businesses with a Grade C office budget: The building offers quality commensurate with its price, representing a good balance between cost and amenities.
Conclusion
Vietbank Office Building at 70-72 Ba Trieu is a highly recommendable Grade C office option in central Hanoi. With its prime location, integrated infrastructure, and competitive rental rates, the building provides an efficient and professional working environment. It is an ideal solution for businesses seeking a stable, convenient, and highly connected office space, contributing to their sustainable development in the capital.