🏙️ “Harbor Row Residences” – 15-Unit Apartment Building on 0.303 Acre in Botahtaung Township
Central Urban Property | Renovation Opportunity | BOT Not Required
đź“Ť Prime Inner-City Asset with Redevelopment Potential
Located in the heritage-rich and centrally connected Botahtaung Township, “Harbor Row Residences” presents a rare opportunity to reposition a 15-unit apartment complex on a 0.303-acre (approx. 1,225 sqm) parcel. Just minutes from Downtown Yangon, Strand Road, and Yangon Port, this asset is ideally suited for those seeking to revive, modernize, and reintroduce residential space in one of the city’s most high-demand, walkable neighborhoods.
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The existing flats require full renovation—a complete interior and exterior upgrade to bring them up to modern living standards. This is an ideal investment for developers or asset repositioning specialists looking to transform underutilized urban buildings into premium city housing or income-generating rentals.
🏗️ Property Details
- Land Size: 0.303 acres (approx. 1,225 sqm)
- Existing Structure: 15 individual apartment units across multiple floors
- Condition: Structure is intact, but all units require full renovation (plumbing, electrical, interiors, finishes)
- Tenure: Government-affiliated; available for long-term lease or proposal-based structure (BOT not required)
- Access: Located on a quiet but central street with easy vehicle and pedestrian access
- Utilities: Infrastructure for power and water available; modernization required as part of renovation
🌇 Location Advantages
- Situated in Botahtaung, one of Yangon’s most walkable and culturally vibrant urban districts
- Minutes from Strand Road, Botahtaung Pagoda, Yangon River, and Downtown offices
- Surrounded by embassies, banks, government buildings, hotels, and civic landmarks
- Excellent access to markets, hospitals, public transport, and key infrastructure
- Strong demand for centrally located, upgraded housing from professionals, NGOs, and expats
🔧 Renovation & Redevelopment Potential
- Full building upgrade opportunity: electrical systems, plumbing, interiors, façade, stairwells, and security
- Flexible potential: retain as 15-unit rental residence, convert to serviced apartments, or reconfigure into larger family flats
- Add shared amenities: rooftop terrace, bike parking, gated access, or solar integration
- Improve layout efficiency and rental income with smart floorplans and modern finishes
đź’ˇ Investment Highlights
- Rare central property with solid structure but clear value-add potential
- Located in a growing residential rental zone with strong demand from NGOs, students, working professionals, and travelers
- Cost-effective entry into city-center real estate through renovation, not new build
- Ideal for developers seeking urban repositioning opportunities
- BOT not required – long-term lease and proposal-based options available
🏢 Ideal Buyers & Partners
This property is ideal for:
- Mid-scale residential developers and renovators
- Long-term investors seeking rental income or resale margin
- NGO housing managers or educational institutions needing housing stock
- Hospitality or co-living brands expanding into Yangon’s urban core
We assist with:
- Site visits and building inspection scheduling
- Renovation budgeting support and concept design consultation
- Structuring lease or development proposal terms
- Coordination with local authorities and utility providers
đź“„ Proposal Process
To proceed, please submit:
- Letter of Intent (LOI)
- Outline of renovation or redevelopment plan
- Investment timeline and preferred lease structure
Architectural drawings, unit layouts, and structural assessments can be shared upon request for qualified parties.
📞 Transform “Harbor Row Residences” Into a Signature Downtown Address
With a central location, walkable surroundings, and the bones of a full building ready for revitalization, Harbor Row Residences offers the perfect platform to create modern housing in one of Yangon’s most valuable and visible districts.
