Nakseongdae Station 6.6 Billion Won Building Transaction! This Kind of Building is a Station Area Building! Mom's Touch Entered, What is the Secret to Investment Success?
A main road corner building located directly in front of Exit 2 of Nakseongdae Station on Seoul Subway Line 2 was transacted for 6.6 billion Won, attracting keen interest from investors. This building, where franchise stores like Mom's Touch have entered, boasts excellent locational conditions and high commercial value. What kind of appeal did this building have to be transacted despite the high price of 6.6 billion Won? From now on, we will delve into the hidden story of the Nakseongdae Station 6.6 billion Won building transaction.
Nakseongdae Station 6.6 Billion Won Building Transaction, What is the Value of the 'Golden Commercial Area'?
In March 2025, the building at Bongcheon-dong 1688-124, Gwanak-gu, was sold for 6.6 billion Won. This building, located directly in front of Exit 2 of Nakseongdae Station on Subway Line 2, is a B1F to 4F building with a land area of 78.86 pyeong and a building area of 229.94 pyeong. Located on an 8-lane main road and a 6m road corner, it boasts excellent accessibility and visibility.
The reason this building is attracting attention is precisely because it is located in the 'Golden Commercial Area' of Nakseongdae Station. Nakseongdae Station is the central commercial area of Gwanak-gu, which has high residential demand, allowing for high foot traffic and stable rental demand. Particularly, with the entry of franchise stores like Mom's Touch on the first floor, stable rental income can be expected.
Key Features and Location Analysis:
- 6.6 Billion Won Building Transaction: Main road corner in front of Nakseongdae Station Exit
- 'Golden Commercial Area' Location: High foot traffic, stable rental demand
- Franchise Entry: Expectation of stable rental income
High Commercial Value, Expected Value Increase Through Remodeling
The Nakseongdae Station 6.6 billion Won building has the regional characteristic of high demand for medical clinics on the upper floors, in addition to the commercial area on the first floor. Furthermore, being located on a main road corner allows for a high advertising effect.
Although it is an old building, these high commercial values act as factors that can further increase the building's value through remodeling or new construction. Particularly, installing an elevator and improving the building's exterior can maximize rental income and capital gains.
- High Commercial Value: Demand for medical clinics, advertising effect
- Value Increase Through Remodeling: Elevator installation, exterior improvement
- Maximizing Rental Income & Capital Gains: Improving investment yield
Excellent Locational Conditions, Real Estate Investment Success Story
The Nakseongdae Station 6.6 billion Won building transaction is an example showing the importance of 'location selection', the most crucial factor in real estate investment. The excellent locational conditions of being a main road corner directly in front of a subway station exit allow for the expectation of stable rental income and high capital gains.
Particularly, the fact that it is located in the central commercial area of Gwanak-gu, which has high residential demand, further increases its long-term investment value. Therefore, the Nakseongdae Station 6.6 billion Won building transaction is evaluated as a real estate investment success story.
- Excellent Locational Conditions: Main road corner directly in front of a subway station exit
- Stable Rental Income & High Capital Gains: Long-term investment value
- Real Estate Investment Success Story: Proving the importance of 'location selection'
Conclusion
The Nakseongdae Station 6.6 billion Won building transaction is an example showing the high investment value of a 'Golden Commercial Area'. Excellent locational conditions and high commercial value allow for the expectation of stable rental income and capital gains. However, maintenance of facilities may be needed due to the aging of the building.
The building at Bongcheon-dong 1688-124, Gwanak-gu, was sold in March 2025.
※ Transaction Details
- Location: Gwanak-gu Bongcheon-dong 1688-124
- Subway Station: Nakseongdae Station
- Transaction Date: March 2025
- Sale Price: 6.6 billion Won
- Land Price (Per Pyeong): 83.69 million Won
- Land Area: 78.86 pyeong (260.7㎡)
- Building Area (Total Floor Area): 229.94 pyeong (760.13㎡)
- Zoning District: Third Class General Residential Zone
- Floors: B1F ~ 4F
- Road Condition: 8-lane road * 6m Corner
- Year of Completion: 1975.07.25
- Official Standard Land Price (공시지가): Approx. 30.92 million Won (Per Pyeong)
- Land Price Relative to Official Standard Price: Approx. 2.71 times