2nd Floor Ramp-Up
Minimum 7.7% Existing Gross Yield
Rental Upside Potential or Own Use
An attractive opportunity for investors seeking a high-yielding industrial property within Singapore’s established automotive hub at Automobile Megamart, Ubi.
Ideal for:
Investors seeking rental yield • Automotive business owners • Car dealers • Vehicle leasing operators • Investors looking for income-producing
Property Highlights
* 2992sf
* 2nd-floor ramp-up unit – convenient direct vehicle access
* Capacity for approximately 20 cars
* Good frontage and suitable for automotive showroom/business use
* Currently rented at $7,000 per month
* Existing tenancy has expired and is presently on a month-to-month basis
* Potential opportunity for rental reversion
* Indicative market rental potential of around $8,000- $9000 per month, subject to market conditions
* Automobile Megamart’s land lease renewed to 2040 (long term stability for tenants)
* Located within the established Ubi automotive cluster
* Convenient access to major roads and approximately a short walk to Ubi MRT
Call Geri Foo at 9683-3538 for viewings or queries.
Call / PM Geri Foo at 9683-3538 for viewings Apr
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