Strata industrial unit at Delta House on the market for sale and lease back at $30 mil

JLL’s Zeng anticipates to see rate of interest from both capitalists and industrialists offered the deficiency of estate strata systems in the city edge. With the leaseback by the vendor, investors appreciate immediate rental earnings stream he includes. Customers might additionally check out strata subdividing the great deal, subject to authorities’ approval. No Additional Buyer’s Stamp Duty is applicable on the acquisition of the purchase, as well as foreigners are eligible.

A freehold strata commercial unit at Delta House, situated along Alexandra Road, is on the marketplace offer for sale by personal treaty with JLL as the unique advertising agent. The indicative price for the unit with a strata location of 23,562 sq ft is $30 million or $1,237 psf, states Victor Zeng, JLL Singapore supervisor of resources markets.

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The device occupies near to 65% of the whole flooring, and represents about 10% of the overall strata location and complete share worth at Delta House. The seven-storey flatted factory has a preschool on the first storey, with upper stories real estate production rooms, storehouses and also supplementary offices.
The sale is subject to existing tenancies with staggered lease expiration days. According to Zeng, the vendor intends to lease back a lot of the room that it’s inhabiting. The unit has home windows on 3 sides, direct passenger as well as cargo lift gain access to as well as eight scheduled parking spaces.

Situated in the city edge, Delta House is within 700m strolling distance to Tiong Bahru MRT terminal, near Tiong Bahru Plaza, Valley Point as well as Great World City. It’s just a seven-minutes’ drive to the CBD.

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Commercial conservation shophouse on Craig Road up for sale at $12 mil

As part of the Chinatown-Tanjong Pagar historical sanctuary, the shophouse is positioned in the Duxton Hill territory, residence to preferred restaurants, bars and also hipster cafes. Tanjong Pagar MRT Station (on the East-West Line) and the upcoming Maxwell MRT Station (on the Thomson-East Coast Line) are both within strolling distance.

It is zoned for business use, with the initial flooring approved for F&B use and the upper flooring accepted for office use. The shophouse is presently completely tenanted to a Japanese coffee shop teahouse on the very beginning as well as an MNC on the upper flooring, according to Yap Hui Yee, elderly director of financial investment sales and resources markets at Savills.

With an acreage of 1,581 sq ft and also an approximated flooring area of 3,483 sq ft, the recently refurbished shophouse has a mezzanine degree as well as an open terrace ignoring rich greenery.

A two-storey industrial shophouse with attic, situated at the joint of Neil Road and Craig Road, is up for sale via expression of rate of interest (EOI) at a guide rate of $12 million, or $3,445 psf. Savills has been assigned as the sole advertising agent.

Forest Woods Condo

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