More than 6% Rental Returns! An investment grade commercial industrial property. Located just 3 minutes ' walk from Tai Seng MRT, this unit comes with high renovation and fitting cost to upgrade the power to 3 Phase 40 Amp , and with fully equipped central kitchen like high functioning oven, false ceiling, racks and partition wall. Nice cassette high power aircon. Balance 48 years lease, Commerze@Irving low floor retail level with escalator, lift, common toilets, security guard and also with facilities like gym and swimming pool.
Owner spent more than $100K to renovate the place. Rented to a bakery with very steady operations and high rental of $3500. Maintenance fee $300 per month and property tax $3910 per year.
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