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 $580,000 – this is a straightforward, numbers-driven investment.
* Location: Midview Building, Bukit Batok Street 23
* Size: 1,248 sqft
* Asking Price: $580,000 (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 ~5.28% 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.
To view, contact Darrell at Nine-4-5-0-2-6-5-5
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