Freehold | Tenanted Investment | No ABSD for Foreigners & Entities
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Property Details
• Type: 3-Storey Conservation Shophouse
• Total Strata Area: 6,553 sqft (estimated)
• Zoning: Commercial
• District: 12
• Frontage: Approx. 30m along Serangoon Road
• Tenure: Freehold
• Status: Fully Tenanted
• Monthly Rental Income: $27,815
• Monthly Maintenance Fee: $3,690 (including sinking fund)
• Share Value: 90
• Carpark: 43 visitor lots + 2 handicap lots
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Floor Breakdown
1st Floor – F&B Approved
• 2,455 sqft + 129 sqft shop/storage (estimated)
• Fitted with city gas terminal, water point, and exhaust system
2nd Floor – Commercial Office Use
• 3,412 sqft (estimated)
• Currently tenanted to after-school care centre
Rooftop – Communal Roof Terrace
• 688 sqft (estimated)
• Stunning river view
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Key Highlights
• Iconic Art-Deco Heritage Building (Former National Aerated Water Co. Factory, est. 1954)
• Painstakingly restored – one-of-a-kind in Singapore
• Integrated with Jui Residences – a 117-unit luxury condo
• Direct access to Kallang River Park Connector
• Prominent landmark façade with strong street presence
• Located beside the river – enjoy a natural cooling breeze
• Multi-storey carpark
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Accessibility
• Potong Pasir MRT – 650m (approx. 8-min walk)
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Investment Potential
• Strong rental income with immediate returns
• Excellent location and unique historical value
• Foreigners, PRs, and Entities eligible to purchase – No Additional Buyer’s Stamp Duty (ABSD)
WHATSAPP OR CALL ME NOW!
ELVIN TAN
Associate Group Director
PropNex Realty Pte Ltd
+ 6 – 5 - 9 – 2 – 3 – 8 – 8 - 5 - 9 - 4
Disclaimer: All land and built up areas are base on approximate measurements and are subjected to final survey.
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