Seize a rare, high-yield investment opportunity in the heart of the vibrant Outram/Tiong Bahru precinct. This ground-floor unit at Concorde Shopping Centre offers immediate passive income and exceptional long-term value.
Key Investment Highlights:
- Immediate Cash Flow: Tenanted at $3,000/month until 31 July 2028.
- Strong Yield: Attractive returns of 4.5% per annum.
- Zero GST: Save 9% immediately—a massive advantage for personal and corporate investors.
- Manageable Quantum: Low entry price of S$800k (Negotiable).
- Low Operating Costs: Efficient maintenance fee of only $500/quarter.
Property Features:
- Prime L1 Positioning: Exceptional frontage/foot traffic visibility, crucial for retail longevity.
- Practical Size: 377 sqft, optimized for retail or service-based businesses.
- Tenure: 99-year leasehold, ~53yr balance lease, situated in the highly sought-after District 03.
- Well-Connected: Minutes away from Outram Park, Tiong Bahru, and Havelock MRT stations, plus excellent bus accessibility via Zion Road and Outram Road.
This unit is perfect for investors seeking a stable asset with a proven track record. The current tenant provides peace of mind, while the location—surrounded by established residential and commercial hubs—ensures high demand for years to come.
Don’t miss this chance to secure a cash-generating asset in a prime city-fringe location. Ping us to view the investment breakdown or schedule a viewing.
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