Investment Highlights:
Rare Asset Class: Canteens with multiple food stalls are a rare and sought-after commercial property type in Singapore.
High Visibility & Accessibility: The location at the front of Premier @ Kaki Bukit and on a main road provides maximum visibility. Ample public parking is available, which helps to increase foot traffic.
Stable Income: The property is fully tenanted, providing a diversified and healthy monthly rental income. Having multiple tenants helps to mitigate risk.
Attractive Yield & Growth Potential: The asking price of $5.7 million offers an attractive rental yield. There is also potential for future rental increases due to growing demand for F&B spaces in industrial and commercial areas.
Resilient Catchment: The canteen serves the daily needs of workers, businesses, and visitors in the surrounding industrial estates. The F&B sector, particularly canteens, is considered "recession-proof" as food is a necessity, providing consistent demand regardless of economic conditions.
Property Overview
Asset Type: Canteen with 8 food stalls and 1 drinks stall.
Location: Premier @ Kaki Bukit, fronting main roads. The address is Premier @ Kaki Bukit, located at Kaki Bukit Avenue 4.
Asking Price: $5.7 million nego
Call/WhatsApp Royston Tan 9745XXXX for more info
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