Looking for a stable, high-yield commercial asset? This 1,248 sqft B1 industrial unit at the established Midview Building is a prime opportunity for investors seeking immediate cash flow. With a solid tenancy locked in until late 2027, you can start collecting rent from day one with absolutely no downtime. Priced realistically at $550,000 - this is a straightforward, numbers-driven investment.
⚬ Location: Midview Building, Bukit Batok Street 23
⚬ Size: 1,248 sqft
⚬ Asking Price: $550,000 (No GST)
⚬ Tenure: 60 Years from 13 March 1997
⚬ Balance Lease: 31 Years remaining
This unit is tailor-made for yield-seeking investors rather than speculators looking for short-term capital flips.
⚬ Secured Tenancy: Currently tenanted at $2,550/month until November 2027.
⚬ High Yield: Offers a highly attractive ~5.43% gross rental yield at the current asking price.
⚬ Hassle-Free: Skip the headache of finding a tenant, renovating, or offering rent-free periods.
About Midview Building
⚬ Vibrant Industrial Hub: Located in a well-established industrial cluster, fostering strong business synergy.
⚬ Excellent Connectivity: Strategically positioned in Bukit Batok with easy access to major expressways (PIE/AYE) and nearby transport nodes, making it highly attractive for tenant retention.
⚬ B1 Zoning: Ideal for clean and light industries, warehousing, e-commerce, and office use.
Note to Buyers: Serious seller, willing to discuss offers for a smooth transaction.