A compelling opportunity to acquire a fully-tenanted freehold shophouse in the highly sought-after Tanjong Pagar conservation enclave. Offering an estimated land area of 1,731 sqft and built-up of approximately 4,631 sqft across 3 storeys and an attic, this is a well-configured asset with diversified income across three independent tenancies.
Fully tenanted with three-stream rental income:
- 1st Floor: $16,800/month (Restaurant) — until 15 Jun 2029
- 2nd Floor: $9,500/month (Hair Salon) — until 4 Mar 2027
- 3rd Floor: $12,741/month (Office) — until 29 Feb 2028
- Total: $39,041/month | $468,492/year
Investment Highlights:
- Freehold tenure — perpetual ownership in Singapore's most established conservation district
- Three independent income streams — F&B, lifestyle, and office diversification reduces vacancy risk
- Long anchor lease on 1st floor secured through Jun 2029, anchoring income visibility
- Staggered expiries across 2027, 2028 and 2029 allow progressive rental uplifts
- Moments from Tanjong Pagar MRT and surrounded by an established dining, wellness and professional services cluster
- Teo Hong Road commands consistent investor demand with limited freehold stock available
Contact Jacklyn at 8926 XXXX for a virtual tour or to arrange a private viewing.
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