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Listing Id: 30831 Last Refreshed: 20/02/2024 Total Views: 2406

Prime Serviced Apartments For Sale (Property) !

Central AreaBusiness Real Estate For SaleHostels
Asking Price: S$60,000,000
Business For Takeover
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Overview

  • Premise Type Office Building
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Cashing out

Description

The serviced apartments sit on a 21,480 sq ft residential site. It has a total of 27 rooms and a basement carpark with 24 lots. It currently has a total approved GFA of about 27,216 sq ft.

The development is in a cul-de-sac off the main road in an established low-density residential neighbourhood. Singapore Chinese Girls’ School and Anglo-Chinese School (Primary) are within 1km of the property.

The development is under a single title and will not be subject to a Strata Titles Board application for a sale order. This will save the new owner time to complete any redevelopment or asset enhancement works.
The property could be redeveloped into a new boutique low-rise residential project for sale, or could retain its serviced apartment use with asset enhancement works for long-term investment and future capital appreciation

Tenure of the Property : 100 Years

Selling Price : $60 mil

Interested buyers pls call or whatsapp 90670575. Thanks !

Licensed Property Agents who wish to cobroke are obliged to reveal the profile / identity of their clients before proceeding.

https://www.bradfordlimassociates.com/

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