Development plot, 60.626 sqm of land area, with leased buildings on site (to be demolished) for sale between the Danube River and the main transportation route Budafoki road.
Unique opportunity of waterfront development with approximately 320 m long front to the Danube River.
Suitable for large scale Residential and/or Office and/or Hotel and/or Retail development. Development potential: 172,780 sqm building area + 72,750 sqm parking area.
The planned bridge would connect route 6 with Üllői út. Also, it would provide a direct connection to Pest. According to plans, 55k cars may pass over.
Budapest, South Buda, XI. District, between the Danube River and Budafoki road. Waterfront property. New bridge is planned at the southern end of the plot. Outstanding visibility. Nearby shops, services and restaurants. Near to Kopaszi gát bay, a large-scale recreational park and entertainment area.
M1/M7 motorway 6 minutes away. M0 20 minutes away. Bus stop in front of the property (multiple lines), tram stop available by 10 minutes walk. Railway and bus station (long distance) 2.5 km away. Nearest metro stop in 2 km (Bikás park). Pest is available in 5 minutes via Rákóczi bridge (1.5 km). 5 minutes away from the main universities of Budapest (3 km) International Airport (BUD) available in 25 minutes. Extension of the interconnected tram line is planned.
The Southern Buda region has shown an incredible development in the recent years in all main sectors of the real estate market (residential, office, retail).
Possibe uses: Residential, Management, Office, Accommodation, Retail, Cultural, Entertainment, Sport and Religious uses.
Subject of sale: SPV or property Asking price: EUR 35,000,000 + VAT
1117 Budapest, Budafoki roads 70.