Dongtan 2 Bakery Retail Unit Offers 9% Annual Yield, KRW 430M Equity

A yield-generating bakery retail unit has been introduced in the New Residential Culture Town of Dongtan 2 New City in Hwaseong, Gyeonggi Province. The property is leased long term to a Paris Baguette bakery, with a deposit of KRW 150 million and monthly rent of KRW 5.6 million. The sale price is KRW 1.38 billion, and the required actual investment is presented as KRW 430 million. The advertised annual yield is in the 9% range. The location is described as having demand from large residential complexes and a dense school environment, including kindergarten, elementary, middle, and high schools. The unit is in a building with two basement floors and seven above-ground floors. Source: mk.co.kr