Land Via Randaccio

€ 1.600.000,00

CODE: 3786 copy link

BUSTO GAROLFO (MI)
MAJOR RESIDENTIAL DEVELOPMENT OPPORTUNITY – 12,905 CBM OF BUILDABLE VOLUME
LOTS A1 AND A6 FOR SALE – DETAILED DEVELOPMENT PLAN VIA GRAMSCI / RANDACCIO
An important real estate investment and development opportunity in the Municipality of Busto Garolfo, within a Detailed Development Plan that has already been largely implemented.
The transaction concerns exclusively Lots A1 and A6, with a total remaining residential building volume of 12,905 cbm, intended for the construction of two residential buildings.
This represents a particularly attractive opportunity for developers, construction companies and real estate investors, thanks to the building volumes already provided for under the Detailed Development Plan, completed and tested urban infrastructure works, and basement levels that have already been constructed.
Lot A1
Area: 1,900 sqm
Residential building volume: 4,880 cbm
Development: 3 floors + penthouse
Maximum height: 16 m
Basement level already constructed
Lot A6
Area: 1,475 sqm
Residential building volume: 8,025 cbm
Development: 6 floors
Maximum height: 23 m
Basement level already constructed
OVERALL
Approximately 3,375 sqm of cadastral land
12,905 cbm of residential building volume
2 residential buildings to be completed
A DEVELOPMENT WITH SIGNIFICANT WORKS ALREADY COMPLETED
One of the key strengths of this investment is the advanced implementation status of the Detailed Development Plan.
The required urban infrastructure works have been completed and officially tested, resulting in the release of the related guarantees.
A total of 13,198 sqm of land for public standards has also already been transferred to the Municipality, representing 248.82 sqm more than the amount required under the Plan.
A tangible advantage for future development
According to the technical report, the development of Lots A1 and A6 does not entail any further urbanisation charges payable to the Municipality, as these have already been offset through the public works carried out.
CONTRIBUTIONS ALREADY PAID
Contributions towards construction costs have also already been paid for a total amount of:
€126,595.23
The technical report provides for the offsetting of the amounts already paid against the sums due in connection with the new building permits.