Building Overview
27 Vu Ngoc Phan Building stands as a notable Grade C office option in the Dong Da district of Hanoi. Comprising 6 above-ground floors and 1 basement, the building provides office areas suitable for various business types, particularly small and medium-sized enterprises or branch offices requiring efficient workspace at an optimal cost. Located on the bustling Vu Ngoc Phan street, the building offers convenience in terms of transportation and accessibility to surrounding services and amenities.
The building’s design emphasizes practicality and efficiency, ensuring a stable working environment. It is an ideal location for businesses looking to establish an office in a densely populated and commercially active area, with easy connections to neighboring districts.
Location and Connectivity
27 Vu Ngoc Phan Building is situated at 27 Vu Ngoc Phan Street, Lang Ward, Hanoi. This location is within Dong Da district, one of the capital’s central districts, renowned for its vibrant economic development and convenient transportation network.
- Strategic Location: Positioned on Vu Ngoc Phan street, a key route connecting residential and commercial areas.
- Transportation Connectivity: Easy access to major roads such as Lang, Nguyen Chi Thanh, and Huynh Thuc Khang, facilitating quick travel to districts like Ba Dinh, Cau Giay, and Thanh Xuan.
- Surrounding Amenities: The vicinity offers a full range of amenities, from restaurants, cafes, banks, and hospitals to shopping centers and entertainment venues, meeting all the needs of employees and partners.
Technical Specifications and Operational Facilities
27 Vu Ngoc Phan Building is constructed with basic technical specifications, meeting the operational demands of a Grade C office.
- Scale: 6 above-ground floors and 1 basement.
- Elevator System: The building is equipped with 1 elevator, ensuring convenient vertical movement between floors.
- Air Conditioning System: Utilizes a localized air conditioning system, allowing each office to independently adjust the temperature as needed.
- Working Hours: Monday – Friday: 7:00 AM – 6:00 PM, Saturday: 7:00 AM – 12:00 PM.
- Backup Power System: Information regarding the backup power system is currently being updated.
- Parking: The building features 1 basement floor dedicated to motorbike parking at a fee of 120,000 VND/motorbike/month. For cars, tenants can utilize public or private parking lots near the building.
Lease Costs and Commercial Terms
Office lease costs at 27 Vu Ngoc Phan Building are considered competitive, aligning with its Grade C classification and prime location.
- Rent: Approximately $9 – $10 /sqm/month (excluding VAT).
- Service Fee: Included in the rent.
- VAT: 10% of the total rent and service fee.
- Car Parking Fee: Parking available at nearby lots (costs subject to lot regulations).
- Motorbike Parking Fee: 120,000 VND/motorbike/month.
- Overtime Fee: To be negotiated directly with the building management.
Other lease terms will be discussed in detail within the contract, including minimum lease duration, payment methods, and handover conditions.
Suitable Business Types
27 Vu Ngoc Phan Building is an ideal choice for businesses seeking an efficient office space with reasonable costs in a central area:
- Startups and small to medium-sized enterprises looking to optimize operational costs while maintaining a convenient location.
- Branch offices or representative offices requiring an easily accessible location with comprehensive surrounding amenities.
- Businesses in service, consulting, information technology, or e-commerce sectors needing a dynamic working environment.
Conclusion
27 Vu Ngoc Phan Building offers a compelling Grade C office solution in Dong Da, Hanoi. With its strategic location, competitive lease costs, and essential amenities, the building is a suitable option for many businesses looking to establish or expand their operations in the capital. While not a Grade A or B building, 27 Vu Ngoc Phan still ensures a professional and efficient working environment.