'Taehwagang Ubora On-site Commercial Property' Near National Garden Attracts Visitors and Promises Strong Returns

- Commercial Properties Near Popular Outing Spots Offer Strong Customer Attraction and Stable Income
- 'Taehwagang Ubora On-site Commercial Property' Near Taehwagang National Garden Boasts Permanent Riverside Views

Commercial properties located near large parks, which attract many visitors, are emerging as popular investment destinations in the income-generating real estate sector.

Compared to typical commercial spaces, these properties benefit from a larger floating population, making them advantageous for revitalizing business districts. They can generate stable operating income and have strong potential to develop into local landmark commercial centers, making their future value promising.

Recently, consumers have come to view commercial spaces not just as places for buying and selling goods, but as complex spaces for leisure activities. They prefer venues where they can spend extended periods of time. The closer a commercial property is to a park, the more likely visitors are to move between the facility and the park, stay longer, and spend more, which is favorable for increasing profitability.

An industry expert stated, "Commercial facilities that include parks offer a more pleasant environment compared to typical downtown properties, which increases consumer preference and reduces concerns about vacancies due to stable operations. Especially when the park is a large-scale facility within the region, the commercial property can benefit from frequent festivals and various events hosted by the local government, further enhancing its value."

Against this backdrop, Bando Construction is attracting significant investor attention by offering the 'Taehwagang Ubora On-site Commercial Property' near Taehwagang National Garden, which is the second national garden in Korea.

Meanwhile, the 'Taehwagang Ubora On-site Commercial Property' is located in Ujeong-dong, Jung-gu, Ulsan Metropolitan City, with a total floor area of 12,632 square meters (3,821 pyeong), spanning three floors above ground and comprising a total of 99 units. Ample parking has been secured to ensure a pleasant experience for visitors.

Taehwagang National Garden, located nearby, covers 835,452 square meters and features more than 20 themed gardens across six different themes, making it one of Ulsan's most popular destinations for outings. The garden also hosts a variety of festivals throughout the year, attracting many visitors. Furthermore, in 2028, the Ulsan International Garden Expo is scheduled to be held centered around Taehwagang National Garden, raising expectations for its development into an international tourist attraction.

As a result, commercial properties in the area are already expected to generate stable operating income, while expectations for future value appreciation are also high.

In particular, the 'Taehwagang Ubora On-site Commercial Property' stands out with its impressive scale-equivalent to 1.7 soccer fields-and its strategic location at the Taehwaru Intersection, offering excellent visibility and accessibility. It is considered to have the best conditions for attracting visitors to Taehwagang National Garden.

To ensure customers feel comfortable even during long stays, the property features ceilings up to 6 meters high, and the third floor includes a terrace-type commercial space to maximize openness and comfort. In addition, the layout minimizes customer movement for greater convenience, and the tenant mix is designed to encourage synergy between stores, supporting stable operations with minimal vacancy concerns.

Beyond Taehwagang National Garden, there is ample demand to further ensure operational stability. The property is part of the 'Taehwagang Ubora Palatium' complex (495 households), which has already achieved 100% occupancy, providing a stable base of customers and enabling rapid business activation.

Additionally, there is direct demand from approximately 2,000 households in the luxury mixed-use residential belt along the Taehwagang riverside, as well as residential demand from the old downtown area of Jung-gu. The property is expected to benefit from synergy with the vibrant Taehwagang commercial district, including Taehwa General Market and Ujeong Market. There is also potential for additional inflow from workers in the nearby Ujeong Innovation City and about 20,000 resident households in the area.

Currently, the 'Taehwagang Ubora On-site Commercial Property' is offering special discounts on units owned by the construction company. Sales and leasing inquiries can be made at the promotional center located on the first floor of the 'Taehwagang Ubora Palatium' complex.