Building Overview
VPBank 362 Pho Hue, situated on one of the bustling commercial streets of Hai Ba Trung District, Hanoi, represents a strategic Grade C office option. With its central location and competitive rental rates, this building aims to provide efficient workspaces for businesses seeking a balance between operational costs and market accessibility.
Although classified as a Grade C office building, VPBank 362 Pho Hue ensures basic standards of facilities and services, suitable for various business types, from startups to representative offices or small and medium-sized enterprises. The building features a scale of 07 basement levels and 01 above-ground level, with a typical floor area of 430 m2, optimizing space for flexible office layouts.
Location and Connectivity
The address 362 Pho Hue, Hai Ba Trung Ward, Hanoi, provides VPBank 362 Pho Hue with a significant location advantage. Pho Hue is one of the capital’s main arteries, renowned for its vibrant commercial activity and convenient connectivity to other key areas. From here, businesses can easily access the administrative and financial center of Hoan Kiem District, as well as the bustling residential and commercial areas of Dong Da District and surrounding localities.
Flexible transportation connectivity is a major plus, with numerous main roads and public bus routes passing through, making it easy for employees and partners to commute. Surrounding the building is a rich ecosystem of amenities, including major bank branches, restaurants, cafes, convenience stores, and public services, creating maximum convenience for the daily business operations and activities of the business community.
Technical Specifications and Operational Amenities
VPBank 362 Pho Hue is equipped with basic technical specifications and amenities, ensuring a stable and efficient working environment:
- Building Grade: Grade C – Ensuring basic standards of quality and services.
- Scale: The building features a structure of 07 basement levels and 01 above-ground level, providing diverse spaces for various uses.
- Typical Floor Area: Each floor has an area of 430 m2, allowing businesses to customize their space according to specific needs.
- Working Hours: From Monday to Friday (8:00 – 18:00) and Saturday (8:00 – 13:00), aligning with the standard working schedules of many companies.
- Air Conditioning System: Utilizes a central air conditioning system, ensuring stable and comfortable temperatures throughout the office space.
- Backup Power: The building is equipped with a backup generator, ensuring continuous power supply and uninterrupted business operations in case of grid power failure.
- Elevators: Features 2 high-speed Mitsubishi elevators, facilitating quick and efficient movement between floors.
- Parking: The building has 01 basement level dedicated to motorcycle parking. For cars, tenants can use public or private parking lots adjacent to the building.
Rental Costs and Commercial Terms
VPBank 362 Pho Hue offers a transparent and competitive rental cost structure, helping businesses easily manage their budgets:
- Rent: $13 – $14 /m²/month (excluding VAT and service charge), reflecting the value of an office in a central location.
- Service Charge: 4.5 USD/m²/month, covering management, maintenance, security, and cleaning of common areas.
- VAT: 10% according to current regulations.
- Car Parking Fee: Tenants will park their cars at external parking lots near the building, with costs applied according to each lot’s regulations.
- Motorcycle Parking Fee: A certain number of motorcycles are free depending on the leased area, providing convenience for employees.
- Overtime Fee: Applied by agreement between the landlord and tenant, ensuring flexibility for special operations.
Lease terms are designed to provide maximum flexibility and support for businesses, helping to optimize operational costs.
Suitable Business Types
VPBank 362 Pho Hue is particularly suitable for businesses prioritizing a central location, convenient accessibility, and reasonable rental costs. It is an ideal choice for:
- Small and Medium-sized Enterprises (SMEs): Seeking a stable, professional business location without the burden of Grade A or B office costs.
- Representative Offices: Requiring a reputable address in Hanoi to establish brand presence and facilitate transactions.
- Startups: Desiring a professional workspace from the outset, with potential for future growth and expansion.
- Service and Consulting Companies: Requiring an easy-to-find location, convenient for meeting clients and partners.
The building provides a functional working environment, supporting daily business operations without requiring overly premium amenities, helping businesses focus on operational efficiency.
Conclusion
VPBank 362 Pho Hue is a valuable Grade C office option in the heart of Hai Ba Trung District, Hanoi. With its strategic location on Pho Hue, convenient transportation connectivity, along with competitive rental rates and essential operational amenities, this building offers an efficient and economical office solution. It is a smart choice for businesses seeking a stable, professional, and value-driven workspace in the capital.