ReadyResale

Lake Avenue Sukhumvit 16.

Bangkok · Thailand
Bedrooms
1–2
Bathrooms
1–2
Interior area
76–122 m²
Handover
1985
Type
Condominium
About the property

Lake Avenue Sukhumvit 16 stands in Bangkok's Asoke district, on Sukhumvit 16, very close to the main Sukhumvit Road and the Asoke intersection.

Total units
4
Available
4
Status
Ready
Price / m²
฿118K/m²

Lake Avenue Sukhumvit 16 stands in Bangkok's Asoke district, on Sukhumvit 16, very close to the main Sukhumvit Road and the Asoke intersection. This is a business and tourist area of the city. Foodland is 100 m away, Benjakiti Park 500 m, Terminal 21 shopping mall 600 m and Robinson Department Store 700 m. Thai, Japanese and Western restaurants and coffee shops are all within 100 m.

BTS Asoke is about 500 m from the building and MRT Sukhumvit is also 500 m away. The nearest tollway entrance is 2 km. Emporium and EMQuartier malls are one BTS station away, Bangkok Prep British International School is two BTS stations, and Chulalongkorn University is four MRT stations away. Soi Cowboy is 600 m from the building.

The condominium was completed in 1985 and has two buildings of 26 floors. The project has 160 units, all of larger size than usual. The building is well regarded for its position right at the Asoke junction, its spacious apartments, and the quality of construction and management. Schools nearby include Akshara International School (1 km), St. Stephen's International School (1.2 km) and NIST International School (1.8 km).

Facilities include a swimming pool, a gym and a meeting room. The building has an elegant lobby, a reception desk, elevators and parking. Security is covered by 24-hour guards, CCTV and key card access, with reception staffed around the clock. These services make daily living straightforward for residents.

Four apartments are for sale now, from 76 sq m to 122 sq m, on floors 6 to 20. Three have one bedroom and one has two bedrooms. Two are fully furnished and two are partly furnished. Views are over the city, and one apartment also looks over the park, greenery and river. Prices range from THB 10,000,000 to THB 16,500,000.

All four apartments are freehold, and the foreign freehold quota is available for buyers from abroad. Hospitals nearby include Mae Fa Luang University Hospital (1.1 km), Bumrungrad Hospital (1.9 km) and Samitivej Sukhumvit Hospital (3.1 km). The median list price per square metre here is 30-40% below the Watthana median and 15-25% below the Bangkok median.

Floor plans

Layouts & pricing

UnitArea fromPrice fromBedroomsAvailablePlan
1BR76 m²฿10M13—
2BR122 m²฿16.5M21—
Units

Availability

4 of 4 available
Floor 20
97
Floor 10
09
Floor 9
24
Floor 6
80
AvailableSoldReserved
UnitFloorBedsAreaPriceStatus
155797202122 m²฿16.5MAvailable
14848061103 m²฿10.9MAvailable
10490910185 m²฿10MAvailable
478249176 m²฿10.5MAvailable
Investment

Yield calculator

Monthly income฿42K
Yearly income฿504K
Gross yield5.0%
Net yield3.8%
Value in 5 years฿12.76M
ROI in 5 years47%

Estimates only, based on average market data. Not financial advice.

Location

Area & surroundings

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