Building Overview
Zodi Building is a Grade C office property located at 156 Trieu Viet Vuong Street, Hai Ba Trung Ward. The building features a structure of 8 above-ground floors and 1 basement, providing a total leasing solution for small to medium enterprises. With a typical floor plate of 130 sqm, the layout is structured to accommodate lean teams and representative offices looking for manageable, self-contained workspaces. The rental rates range from $10 to $11 per sqm, which includes the service fee but excludes the 10% VAT.
Location and Connectivity
Situated on Trieu Viet Vuong Street within Hai Ba Trung Ward, the property sits in an established commercial area of Hanoi. Tenants can access surrounding streets such as Ba Trieu, Pho Hue, Bui Thi Xuan, and Mai Hac De. This position places businesses near local banks, transaction offices, and food and beverage options, facilitating daily operations and client meetings. Prospective tenants should verify local traffic patterns during peak hours to plan commutes effectively.
Technical Specifications and Operations
The building operates with standard technical systems to support daily business activities:
- Elevator: One Mitsubishi elevator serving all floors.
- Air Conditioning: Central air conditioning system by LG.
- Power Supply: Backup generator providing 100% capacity.
- Ceiling Height: Clear height of 2.65 meters.
- Operating Hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:30 PM.
- Parking: One basement is allocated for motorbikes at 200,000 VND per vehicle monthly, while car parking is handled at an adjacent lot.
Lease terms require a minimum of 3 years, with a 3-month deposit and quarterly payments. Electricity is billed based on actual meter consumption. Tenants are advised to clarify overtime charges and current vacant floor splits during negotiations.
Leasing Costs and Commercial Terms
The financial structure at Zodi Building is positioned within the budget-friendly segment for Hai Ba Trung Ward. The gross rent ranges from $10 to $11 per square meter, which already incorporates the building service fee. Tenants must account for an additional 10% VAT. The standard commitment requires a minimum lease term of 3 years, paired with a 3-month security deposit and quarterly rental payments.
Operational expenses include a motorbike parking fee of 200,000 VND per vehicle monthly within the single basement. Car parking is accommodated at an adjacent lot, requiring tenants to verify current rates and capacity limits directly with the operators. Electricity consumption is billed based on actual sub-meter readings.
Suitable Tenant Profiles and Checks
With its 130 square meter floor plates, this property is structured for small enterprises, local representative offices, and lean teams prioritizing a central presence in Hai Ba Trung Ward. The layout allows for straightforward spatial planning and simplified administrative management.
Before signing a lease agreement, prospective tenants should perform the following practical checks:
- Available Area: Confirm the exact net usable area and current floor divisions with the landlord.
- Overtime Fees: Clarify any additional charges for operating outside standard working hours.
- Car Parking: Verify the contract terms and space allocation at the neighboring parking facility.
- AC Maintenance: Confirm the responsibility for cleaning and maintaining the LG central air conditioning units.
Advisory Conclusion
Zodi Building offers a functional, cost-effective Grade C office solution in Hai Ba Trung Ward. Its combination of essential technical infrastructure—including a Mitsubishi elevator, LG central air conditioning, and 100% backup power—provides a stable operating environment. To ensure a smooth transition, businesses should conduct an on-site survey to evaluate the natural lighting, layout efficiency, and negotiate specific commercial clauses before finalizing terms.