An outstanding opportunity to acquire a unique freehold shophouse with a substantial 4-storey rear extension in the vibrant District 8 conservation enclave. Offering an estimated land area of 1,334 sqft and an impressive built-up of approximately 4,898 sqft, this shophouse delivers exceptional volumetric space rarely found in freehold shophouse offerings at this quantum.
Tenanted with built-in rental escalation:
- Year 1: $19,000/month
- Year 2: $20,000/month
- Year 3: $21,000/month
- Lease until 31 December 2028
- Average: $20,000/month | $240,000/year
Investment Highlights:
- Freehold tenure — perpetual ownership in a supply-constrained conservation street
- Unique asset configuration — 3-storey shophouse with rare 4-storey rear extension maximises usable floor area
- Built-in rental escalation — income grows annually through lease term with no landlord intervention required
- Lease secured through Dec 2028 — immediate income upon acquisition
- Well-connected location minutes from Farrer Park MRT and Rochor MRT
- D8 benefits from ongoing transformation with strong occupier demand from F&B, creative, and wellness operators
- Attractive entry quantum of $20M for freehold with nearly 4,900 sqft built-up
Contact Jacklyn at 8926 XXXX for a virtual tour or to arrange a private viewing.
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