An opportunity to acquire a substantial freehold mixed-use property along Balestier Road, comprising commercial and F&B spaces on the ground floor with serviced-apartment accommodation across the upper floors.
With approximately 20,089 sq ft of existing built-up space, the property offers a combination of commercial frontage and accommodation uses within a single city-fringe investment asset.
PROPERTY HIGHLIGHTS
• Tenure: Freehold
• Land Area: Approximately 6,811 sq ft (632.8 sqm)
• Existing Built-Up Area: Approximately 20,089 sq ft (1,866.3 sqm)
• Existing Configuration: 12 accommodation units / 34 keys
• Level 1: 3 commercial units and 2 F&B units
• Levels 2–6: Serviced apartments, based on the property particulars provided
• Facilities: Reception lounge, 4 mechanical parking spaces and 1 conventional parking space
• Master Plan Zoning: Commercial & Residential (ABSD remission applicable subject to govt approval)
• Gross Plot Ratio: 3.0
The mixed-use configuration offers exposure to both commercial and accommodation demand, with the potential to accommodate different operating or leasing strategies.
The property may appeal to hospitality investors, serviced-apartment operators, family offices and private investors seeking a sizeable freehold building in Singapore's city-fringe market.
The existing configuration also provides a basis for evaluating potential asset enhancement and repositioning opportunities, subject to the relevant approvals and feasibility assessments.
Contact us to discuss the investment opportunity, request further property information or arrange a private viewing.
Additional details regarding the property configuration, existing tenancies and operational arrangements are available to qualified purchasers upon request, where available.
All areas and property particulars are approximate and subject to verification. Existing approved uses, licensing and any proposed changes are subject to confirmation with the relevant authorities.
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