3,735 sqft Level 2 anchor unit at City Gate, sold as one lot with two tenants already in place.
The largest unit I'm marketing here.
- Price: $11,952,000 ($3,200 psf)
- Total rent: $24,600/mth
– Café (1,200 sqft): $9,600/mth, lease to Dec 2028
– Indoor playground (2,535 sqft): $15,000/mth, lease to Feb 2028
- Gross yield: 2.47%
- 99-year leasehold
- $600 psf below the other Level 2 units on offer ($3,800 psf)
- Two tenants, two income streams. If one leaves, the other still pays
- The café and playground are family destinations that bring people up to Level 2
- Rent secured for 17–26 months
- Large floor plate, which is hard to find in a strata mall. Can be re-let whole or in parts
- No ABSD, no SSD. Can be bought under a company
- Direct sheltered link to Nicoll Highway MRT (Circle Line)
Suits family offices, funds, company buyers, or an operator looking for a flagship space.
Tenancy agreements and MF/SF statement available.
Call/WhatsApp to discuss.
Kevin Ng | District Direct
Huttons Asia Pte Ltd | CEA R000620G | L3008899K