Shop / Shophouse for sale - East Coast Road - 3% Est Yield

  • $ Price S$10.8M S$10,800,000 PSF: S$1,421.05
  • NA 7,600 sqft

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East Coast Road - 3% Est Yield For Sale

1st Floor Zoned Commerical - Currently tenanted as Commercial Retail. GST payable 1st floor.



$10.8k Tenanted till September 2014 (good chance to renew the TA)



2nd - 4th Floor Zoned Residential - Currently approved Student Hostel Use- No GST payable. Last renovated with CSC and FSSD approval year 2011/2012.



$15.2k Rental tenanted till June 2015. URA current place strict limit for New Student Hostel License, therefore this unit is rare gem.



Roof Top : Water proofing done - Possible for recreation use



Freehold and Full Concrete Flooring



Asking Price @ $10.8 M translate Negotiable.

Land Size 2500sqft approx. Floor Area approximate 7600sqft.



NOTE ABSD is payable for 2nd - 4th Storey.



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Property Information
Property Name East Coast Road - 3% Est Yield for sale
Property Type Retail - Shop / Shophouse
Address Singapore, Shop / Shophouse For Sale | CommercialGuru
District D15 East coast - East Coast / Marine Parade / Katong
Tenure Freehold
Unit Information
Floor Area 7,600 sqft / 706 sqm
Occupancy Tenanted
Asking Price S$10,800,000 or S$10.8M , PSF: S$1,421.05 (built-up) View to Offer

Features

Tenanted

S$
%
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Re-listed on Saturday, 20 Sep 2014

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ERA REALTY NETWORK PTE LTD
ERA REALTY NETWORK PTE LTD