For Sale: Promising Residential Land Plot in Tallinn, Kunderi Street!
POTENTIAL
Steady Cash Flow – The plot currently features 9 renovated garage boxes (each 18.5 m²), equipped with electricity. The garages are located in a secure, gated yard with video surveillance. In addition, the property includes parking spaces for up to six cars. The complex generates stable rental income.
Development Potential – A detailed planning process has been initiated for the construction of a terraced house. According to the plan, it is possible to build two two-storey units with a total building right of up to 300 m². All essential utility connections (electricity, water, sewage) are already in place.
LOCATION
Kunderi 22a, a quiet and safe side street in the heart of Tallinn. The surroundings include small residential buildings and apartment houses. The area is valued for its peaceful atmosphere combined with proximity to all central amenities. Schools, kindergartens, and grocery stores are within walking distance. The nearby Central Market is undergoing redevelopment, which will further increase the attractiveness of the neighborhood.
This property offers an excellent opportunity both as a cash-flow investment and as a residential development project, in a location where property values are steadily rising.