Great Central location. Corner unit approved for F&B, opposite NTUC, near Kampong Bahru Bus Terminal and green corridor. Up and coming area, especially with the completion of Avenue South Residences. Remaining 2 years lease at 10K per month. Place just undergone upgrading.
Current gross rental $10K per month with 2 years remaining lease.
Potential upside, Commercial tenant enjoys free usage of common area due to Town Council support of neighborhood businesses.
The living quarter is >90sqm, hence can be tenanted to 8.
New development like Avenue South Residences adding vibrancy to the location.
Strong and easy rental interest from personnel working in SGH.