The Civil Judgment Enforcement Department of Da Nang City announces the auction of three properties: land plots No. 1, No. 14, and No. 16, located along the Son Tra – Dien Ngoc service restaurant strip (Vo Nguyen Giap Street, An Hai Ward). Each plot measures 480 square meters, designated for restaurant and hotel services, with a 50-year usage term.
Plot No. 14 has the highest starting price, exceeding 117 billion VND. It features a restaurant structure with a floor area of 270 square meters and a usable area of over 900 square meters. The auction price includes 113 billion VND for the land and over 4 billion VND for the construction value.
The starting prices for the remaining plots, No. 16 and No. 1, are over 110 billion VND and over 106 billion VND, respectively.
The Son Tra – Dien Ngoc service restaurant strip is located along the coastline of Da Nang City.
The Son Tra service restaurant strip is a prime commercial and service area along the coastal road of Vo Nguyen Giap – Truong Sa. It is zoned for tourism-related businesses, particularly restaurants, cafes, and tourist services, offering high commercial value.
The Civil Judgment Enforcement Department of Da Nang City notes that the starting prices do not include taxes, fees, or other expenses related to the transfer of ownership and usage rights.
The properties are sold in their current condition as per the asset handover record. Prospective bidders must conduct their own due diligence, review legal documents, and assess the associated risks and benefits.
Interested parties may inspect the properties from December 9th to 4 PM on December 12th. The bidding registration fee is 1 million VND per set, with a deposit of 40 million VND. Registration closes on December 17th, and the live auction will be held at the authorized agency.
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