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Listing Id: 3184 Last Refreshed: 07/05/2019 14600 Views

Profitable Investment Company With 4 Unit Of Properties For Sales

Closed
Asking Price S$5,500,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Annual Figures
Revenue
S$211,200
Gross Profit
S$129,594
Net Profit
S$50,638
Monthly Rentalt
Not Provided

Business Operations & Assets

Year of Incorporation
2011
Owner Role
Investor
Premise Status
Rent

Business Details

Reason For Sale

Retirement

Description

1 man show to manage millions $ business.

Profitable investment company with 2 HDB shop house, 1 residential unit, and 1 (B2) factory unit is up for sale.
We have a good track record of all 4 units being rented out, generating an annual income of $211,200.
Good rental returns and high potential capital appreciation as the properties are all situated in prime locations with high Density populated area.

This is a rare opportunity to own HDB shop houses and 2b industrial properties without the need top pay high stamp duties as compared to individual purchases. Just buy over existing shares of the company and avoid hassles with HDB inspection and collect rental return immediately.

HDB had stopped building shop houses for sale except for resettlement cases only.
MOM's new regulation on Foreign Worker's Address registration is in our favour as our residence is under commercial unit.
There is not much B2 industrial unit in the modern ramp up factory. Our unit is only (B2) block in that area, the rest are B1.

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