- Property type: Apartment/Condo
- Offer type: For Sale
- City: Phnom Penh
- Neighborhood: Chamkarmon
- Bedrooms: 1
- Bathrooms: 1
- Property size: 45 m²
Features
- Air Conditioning
- Balcony
- City Views
- Commercial area
- Fully Furnished
- Kitchen
- Lift / Elevator
- Refrigerator
- Strata Title
Details
Condo L Olympic – 13th Floor 1 Bedroom Apartment
Having personally inspected this fully furnished unit, I’m pleased to offer this competitively priced opportunity in Phnom Penh’s dynamic Olympic area. Priced at $43,000 (~$955/sqm net), this 45 sqm apartment offers affordability, convenience, and strong rental potential.
Unit Highlights
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Functional layout: 1 bedroom, 1 bathroom, and a spacious balcony with city views.
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Fully furnished with modern finishes, equipped kitchen (refrigerator included), and air conditioning.
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Strata title ownership, ensuring secure, foreigner-friendly investment.
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13th-floor advantage: Quiet, natural light, and panoramic urban vistas.
Building Features
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Lift access, 24/7 security, and backup power for elevators.
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Commercial retail spaces on-site for dining and convenience.
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Modern design with clean lines and efficient use of space.
Location
Situated in Olympic, steps from key amenities, residents enjoy:
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550m to Olympic Market – a hub for fresh produce and local goods.
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1.3km to The Olympia Mall – modern shopping and dining destination.
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8-minute drive to Independence Monument and 5-minute drive to Lucky Supermarket.
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Proximity to Olympic Stadium, a cultural and recreational landmark.
Investment Advantages
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Competitive pricing: Below market average for Olympic condos (typically $1,400–$1,800/sqm)
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High rental demand: Similar units rent for $250–$450/month (7–12% gross yield)
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Growth potential: Near Olympia City development, enhancing long-term value.
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Immediate occupancy: Completed in 2015, eliminating construction risks.
Summary
This 13th-floor condo at L Olympic combines practicality and location in one of Phnom Penh’s most accessible neighborhoods. Whether as a starter home, rental asset, or city retreat, it’s a low-risk, high-reward opportunity in a rapidly developing area.
Act now – units at this price point are scarce. Contact us today to schedule a viewing or discuss terms.
- ID: 5258
- Published: July 12, 2024
- Last Update: April 29, 2025
- Views: 757