129 Owen Road
Motivated Seller , Serious Offers Considered
Property Details
• Approx. 1,500 sqft built-up area
• Balance Lease: Approximately 32 Years
• Fully Tenanted till 31 December 2026
• Immediate Rental Income Upon Completion
Proven Rental Income
Year 1 Rental: $9,500/month
Year 2 Rental: $9,800/month
Monthly Rental: ~$9,800
Annual Rental: ~$117,600
Gross Yield: Approximately 5.0%
Investor’s Perspective
At today’s rental rate of close to $10,000 per month, the property is projected to generate more than $1.5 million in gross rental collections over the remaining 32-year lease tenure, assuming similar rental performance.
This presents a rare opportunity to acquire an income-producing asset with:
Immediate cashflow from Day 1
Existing tenant in place
No leasing downtime
Strong rental yield
Manageable entry quantum for a city-fringe commercial asset
Strategic Location
Situated along Owen Road, within minutes of Farrer Park MRT, Novena and the city centre. Surrounded by established residential catchments, healthcare institutions and commercial activity, supporting long-term tenant demand.
Whether you’re seeking recurring income, portfolio diversification or a commercial asset with established rental performance, 129 Owen Road deserves your attention.
Enquire now for tenancy details and viewing arrangements.
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