RARE TENANTED RESTAURANT INVESTMENT AT COSTA RHU
For sale at S$3,000,000 net.
The property is currently leased to an established tenant that has operated at the premises for approximately 10 years. The tenancy has recently been extended until 28 February 2029 at S$12,000 per month.
INVESTMENT HIGHLIGHTS
• Monthly rental income: S$12,000
• Annual rental income: S$144,000
• Approx. gross rental yield: 4.8%
• Asking price: S$3,000,000 net
• Indicative value: S$3,300,000
• Floor area: Approx. 60 sqm / 646 sq ft
• Established tenant with a long operating history
• Tenancy secured until February 2029
• Commercial property — no ABSD payable
FULLY FITTED RESTAURANT UNIT
The premises are equipped with:
• Three-phase electrical power supply
• Built-in piped City Energy gas supply
• New kitchen cooker hood and exhaust system
• Commercial cooking range
• Tandoori oven
• Exhaust hoods and fitted kitchen equipment
Located within the established Tanjong Rhu residential district, the unit is one of the limited restaurant premises serving Costa Rhu and the surrounding condominiums. It benefits from demand from dine-in customers, food deliveries and catering services.
Upcoming residential developments and Government Land Sales sites in the surrounding area may further expand the customer catchment and support future rental and capital-value growth.
An attractive opportunity for investors seeking immediate rental income, an established tenant and specialised restaurant infrastructure.
Viewings are strictly by appointment. Contact merywaty @ 9889XXXX for an appointment!
All information, permitted use, floor areas, tenancy terms, tax treatment and equipment are subject to verification.
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