Size: 2,992 sqft
Asking: $988,000 (GST applicable)
Key Highlights
► Good frontage, suitable for automotive showroom / business use
► 2nd floor ramp-up unit with direct vehicle access
► Spacious 2,992 sqft unit with capacity for approximately 20 cars
► Extra 2 lots nearby can use if available
► Office space approx. 400 sqft of the 2,992 sqft
Immediate Rental Income
► Currently rented at $7,000/month
► Existing tenancy has expired and is renewing on a monthly basis
► Potential rental upside with indicative market rental of approximately: $7,500 – $8,500/month, subject to market conditions
Ideal For
► Automotive business owners
► Car dealers / automotive showrooms
► Vehicle leasing operators
► Investors seeking an income-producing industrial property
Location / Accessibility
► Located within Automobile Megamart
► Automobile Megamart land lease renewed to year 2040, providing longer-term stability
► Convenient access to major roads and expressways
► Short walk to Ubi MRT
Investment Highlights
► Existing rental income with potential rental upside
► Established automotive hub with strong relevance for automotive-related businesses
► Suitable for both investment and own occupation
► Coffeeshops/Eateries in nearby housing estates