An opportunity to acquire a freehold hotel property along Balestier Road, comprising two adjoining addresses with an established hospitality configuration and 49 guest rooms.
The property offers investors and hospitality operators exposure to Singapore's city-fringe accommodation market, with a substantial existing built-up area and recently completed refurbishment works.
PROPERTY HIGHLIGHTS
• Tenure: Freehold
• Land Area: Approximately 3,941 sq ft (366.1 sqm)
• Existing Built-Up Area: Approximately 11,609 sq ft (1,078.5 sqm)
• Accommodation: 49 guest rooms
• Recent refurbishment, including the addition of 10 rooms and reception lounge
• Master Plan Zoning: Commercial & Residential (ABSD remission applicable subject to govt approval)
• Gross Plot Ratio: 3.0
INVESTMENT CONSIDERATIONS
The property presents an opportunity for hospitality operators and investors seeking a freehold accommodation asset with an existing hotel configuration.
Its location along Balestier Road offers access to the Novena healthcare and commercial precinct, central Singapore and the wider city-fringe catchment.
Potential buyers may assess the property for continued hotel operations, asset enhancement or alternative uses, subject to existing approvals and the relevant authorities' requirements.
ENQUIRIES & VIEWINGS
Contact us for further information, investment details and private viewing arrangements.
Full property particulars and additional documentation are available to qualified purchasers upon request.
All areas and property particulars are approximate and subject to verification. Any proposed redevelopment or change of use is subject to approval by the relevant authorities.
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