Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
* Approx. 1,851 sq ft total floor area
- Ground-floor shop: approx. 1,119 sq ft
- 3-room living quarters: approx. 732 sq ft
* 2-storey configuration offering both commercial and residential use
* Tenure: Private leasehold, 88 years from 1 April 1995
* Balance lease: Approximately 57 years
* Wide shopfront with prominent visibility along an established row of shophouses
* Located within private and public residential enclave
* Strong surrounding catchment with eateries, place of worship and Residents’ Committee Centre etc nearby
* Conveniently located near Kovan MRT
* Ample parking in the surrounding area, with carpark lots directly in front of the unit
* Efficient and functional layout, suitable for a variety of commercial uses
* Sale with existing tenancy — potential for immediate rental income at Attractive Rental Yield
* Current rental: About $10k pm
* No GST
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