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Krtsanisi Modern glass-fronted business center on Gorgasali Street

Krtsanisi Modern

Business Center

61 Gorgasali St., Tbilisi17 floors · Fully operational

THE PROPERTY

A closer look

Main entrance and arrival area of Krtsanisi Modern
Arrival01 / 07
Krtsanisi Modern business center on Gorgasali Street
The exterior02 / 07
Office interior with glass partitions
Office suite03 / 07
Glass exterior detail of the business center
Facade detail04 / 07
Interior atrium of the business center
The atrium05 / 07
View over Tbilisi from the building
Tbilisi outlook06 / 07
Floor 11 plan for the 488.8 square meter office space
Floor plan07 / 07
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Rental investment calculator

Gross rental estimates · USD

Calculations active
Monthly rent / m²: $21
Total investment$0
Annual rental income$0
Annual rental ROI0.0%
Selected area0.0 m²
Monthly rental income$0
Simple payback0.0 years

Property selection

Property typeQuantitySelected areaPurchase valueRenovation costTotal investmentAnnual rent
Whole floor488.8 m² · $2,100 / m² · Max 3
Quantity
Selected area488.8 m²
Purchase value$1,026,480
Renovation cost$73,320
Total investment$1,099,800
Annual rent$123,178
Half floor218.8 m² · $2,200 / m² · Max 7
Quantity
Selected area0.0 m²
Purchase value$0
Renovation cost$0
Total investment$0
Annual rent$0

Total investment = purchase value + renovation. Annual ROI = annual rent ÷ total investment. Simple payback = total investment ÷ annual rent. Gross estimate assumes full occupancy and constant rent; excludes vacancy, taxes, operating costs, financing, and other fees.

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