Exceptional Investment Opportunity – Multiple Units Available!
Rare F&B Entertainment Premises with Alcohol License for Sale at TEXTILE CENTRE !
Seize the rare chance to own a prime commercial property in the vibrant District 07! Located at the prestigious Textile Centre, this property is attractively priced at $1,588,888 (nego), offering outstanding value compared to nearby developments like Sunshine Plaza or The Golden Mile which are priced over $2000 psf to $4000 psf respectively.
Rare investment with High enbloc potential!
This well-maintained building boasts superb L-shaped frontage, making it a prime choice for investors. With F&B and entertainment approval, the possibilities are endless!
Property Details
- Leasehold : 99 years wef 2/7/70, offering a secure investment with a remaining tenure of 45 years.
- 2019 Reserved Px : $650m
- Size: 1066 sqft
- Enbloc Price: ~S$2,227,270
- Rental $4,900 expiring Dec'28
- Mgt fees $840 per month
Property Highlights:
- Strategic Location: Situated at 200 Jalan Sultan, in the heart of a thriving commercial district.
- Versatile Use: Ideal for retail shops, offices, or service offices with reception areas.
- Financing Flexibility: Tenure allows buyers to secure a 30-year loan, enhancing affordability.
- Accessibility: Conveniently located next to amenities with lift access, ensuring ease for various business needs.
- Multiple MRT Proximity:
EW11 Lavender (~500m)
CC5 Nicoll Highway (~600m)
DT14 Bugis (~650m)
DT22 Jalan Besar (~700m)
EW12 Bugis (~750m)
- Convenient Amenities: Located outside the ERP zone, with numerous nearby facilities and nearby amenities.
Why Invest Here?
- Unmatched Value: Competitive pricing in a premium commercial district.
- High Collective Sale Potential: Positioned for strong capital gains through enbloc opportunities.
- Vibrant Location: Close to amenities, ensuring high footfall and business viability.
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