On a 999-year leasehold, the shophouse appreciates a prominent major street frontage along Serangoon Garden Way. It’s a built-up region of 4,165 sq feet, and is now leased to a lender. The prospective owner would consequently have the ability to enjoy steady rental yields, ” says CBRE.
Parc Greenwich singapore site covers about 1.87 hectares or 17,129.9 sq m with a maximum GFA of 47,964 sq m.
The land for sale is zoned for industrial use. No extra buyers’ stamp duty or sellers’ stamp duty will be related to this trade of the home, and the two foreigners and firms are entitled to buy the shophouse.
Beyond just getting the monthly lease, the possible owner can additionally explore alternate uses for the house, ” says CBRE. Including F&B, health care or educational associations, showrooms, retail stores, fitness centers, and home and lifestyle companies, subject to consent by the relevant authorities.
Prominent highlights from the Region comprise Chomp Chomp Food Centre, Serangoon Garden Market, myVillage in Serangoon Garden, Serangoon Gardens Country Club along with the Australian and French International School.
The near future Tavistock MRT station on the Cross Island Line, slated for completion in 2030, is roughly a 12-minute walk in the property.