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Sakarya SerdivanDeliver date
June 2019Price from
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The Cadde 54 project, developed by YU Group, is being realized on a 52-acre plot in Serdivan, Sakarya. Aiming to be a visionary project for Sakarya, it features 4-5 story blocks comprising offices, home offices, studio residences, a marketplace, and street stores. The project includes 79 street stores, a marketplace with 78 shops, 470 offices and residences, 450 studio residences, and a parking lot for approximately 1,500 vehicles.
Cadde 54 offers a 15% down payment option with the remaining balance payable over 36 months at 0% interest.
Cadde 54 promises a 50% return on investment for investors.
The Cadde 54 project, with an investment value of 750 million Turkish Lira on a 52-acre land, is designed to be a landmark development for Sakarya. The project includes 4-story blocks housing offices, studio residences, a marketplace, and street stores. Its scale and commercial axis make it a regional hub, serving not just Sakarya but the broader area. The conceptual design is led by Evrenol Architects, renowned for their work on numerous national and international projects.
Mustafa Mekki Özkan, Vice Chairman of the Group’s Board of Directors, shared the following details about the project: "Thanks to its strategic location, which will transform the city’s living culture, Cadde 54 is emerging as a true center, close to educational institutions, universities, healthcare facilities, and historic sites. It has already begun yielding over 10% returns for investors. We are now launching the second phase of sales. We have initiated talks with international dormitory operators and private universities. We are in the final stages of signing a deal with an international dormitory firm for a 5,000 m² block. Given Sakarya’s single university and nearly 95,000 students, we believe an academy or college affiliated with a private university is essential. To achieve this, we have started negotiations with private universities. Cadde 54 will project Sakarya’s potential forward in this regard. Türkmall, Turkey’s leading project development and leasing firm, has accelerated its efforts for rentable retail spaces. Meetings are held on specific days of the week at the sales office."
With the first phase of sales completed and the second phase underway, the project has already secured a 10% premium.
Lowest-highest office price: 216,000 TL - 918,000 TL
Good evening, first of all, we wish you success with your beautiful projects. Can you provide information about the stores?
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