TWO TENANTED NOVENA COMMERCIAL UNITS — AVAILABLE INDIVIDUALLY OR TOGETHER
A flexible investment opportunity comprising two separately offered commercial units at Goldhill Shopping Centre.
Each unit measures approximately 1,206 sq ft and is asking S$3.5 million, equivalent to approximately S$2,902 psf. Buyers may acquire either unit individually or both units for a combined 2,412 sq ft holding with staggered lease expiries.
UNIT A
* Current use: Pilates studio
* Monthly rent: S$5,500
* Annual rent: S$66,000
* Lease until November 2029
UNIT 203B
* Current use: Boutique dance school
* Monthly rent: S$6,510
* Annual rent: S$78,120
* Lease until August 2027
ACQUIRE BOTH
* Combined area: Approximately 2,412 sq ft
* Combined monthly rent: S$12,010
* Combined annual rent: S$144,120
* Total asking price: S$7 million
* Two separate lease-expiry dates provide a staggered asset-management timeline
WHY THIS OPPORTUNITY STANDS OUT
* Two matching 1,206 sq ft units
* Immediate rental income from established wellness and enrichment uses
* Flexibility to acquire one unit or build a two-unit holding
* 181B offers longer income visibility
* 203A provides higher passing rent and an earlier renewal, re-leasing or repositioning opportunity
* Suitable for investors seeking commercial exposure within an established central location
NOVENA LOCATION
Goldhill Shopping Centre is conveniently positioned near Novena MRT, United Square, Velocity, Square 2 and the wider HealthCity Novena and medical cluster.
The surrounding mix of residences, healthcare institutions, family-oriented retail, enrichment operators, fitness concepts and dining amenities supports recurring appointment-led and service-based businesses.
Viewing is strictly by appointment.
Contact William Choo at +65 8828 XXXX for further information.
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