Enterprise One Ramp up B1 Factory selling with tenancy at 5.1% yield
### Owner Auction Sale ###
B1 Industrial units at Enterprise One
Colliers Auction : By Appointment Only
Auction Date as follows:
Date/Time : 25 March 2024, Tuesday at 2.30 pm
About the unit :
- Land Tenure : 60 years from 09 July 1996
- Balance lease : approx. 32 years
- T.O.P : Approx. 2006
- Project site area : 280,055 sqft
- #02-xx, Ramp up to the unit.
- 5 adjoining units are currently partially amalgamated and fully fitted with combined estimated area of 1,004 sqm or approx. 10,809 sqft.
- Each individual unit estimated area :
Unit 1 (201sqm), Unit 2 (200sqm), Unit 3 (201sqm)
Unit 4 (201sqm) and Unit 5 (201sqm).
- 5 units must buy with tenancy which expired on 31 March 2025 at rental S$2.40 psf plus GST.
- Tenancy renewal will be discussed 1 year advance.
- Tenant is a reputable MNC company.
- Floor to floor height : approx. 5.5 m
- Floor loading capacity : 10kN/sqm
- Each unit comes with a toilet.
Pricing information :
- Guide price for 5 units (1004sqm) is $6.1M (approx. $564psf).
- FY2024 property tax for 5 units : $23,170 per year.
- Current Management fee + sinking fee for 5 units = $8096.36 per quarter. (inclusive GST)
- GST applicable for the sale.
About the Enterprise One and its location :
- Enterprise One is an Industrial (B1) space with prominent corporate-like image.
- There is a Canteen (operate by KouFu) at the ground floor.
- 5 storey building with 226 units.
- Nearest MRT : Ubi (DT27) & Kaki Bukit (DT28)
- Bus services : 5, 8, 15, 22, 25, 45, 51, 55, 58, 59, 61, 63, 63M, 87, 93, 94 and 854.
- Proximity to PIE.
- 20 Footer accessible via ramp up to unit.
- 40 Footer accessible at loading bay.
- Cargo lift available for loading and unloading.
- Ample carpark lots within the development.
For more information please contact Colliers Auction at 8123 XXXX.
Please Whatsapp/SMS me if l have missed your call.
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