Prime Main Road Frontage | Fully Commercial Zoning | Tenanted Investment Property | Redevelopment Potential
An excellent opportunity to own a 2-storey freehold commercial shophouse strategically located along the bustling Geylang Road.
Featuring prominent main road frontage, existing rental income and potential redevelopment upside, this property is ideal for investors seeking a long-term commercial asset.
PROPERTY DETAILS
• Tenure: Freehold
• Zoning: Full Commercial
• Asking Price: $18,000,000
• Land Area: Approx. 2,500 sqft
• Built-Up Area: Approx. 3,600 sqft
• Potential Plot Ratio: 3.0 (subject to relevant authority approvals)
• Gross Rental Yield: Approx. 2.16% based on asking price
• Frontage: Directly facing Geylang Road
TENANCY DETAILS
Level 1 – Coffeeshop
• Currently tenanted until 30 November 2028
Level 2 – Office
• Currently occupied by an IT-related business
• Tenanted until 2028 (exact expiry date to be confirmed)
KEY INVESTMENT HIGHLIGHTS
* Rare Freehold Ownership – Secure a commercial asset with no leasehold expiry.
* Prominent Main Road Exposure – Excellent visibility along the busy Geylang Road.
* Existing Rental Income – Both levels are currently tenanted, providing immediate rental returns.
* Redevelopment Potential – Potential plot ratio of 3.0, subject to URA guidelines and relevant approvals.
* Versatile Commercial Usage – Existing coffeeshop and office configuration offers diversified rental income.
* Long-Term Investment Opportunity – Attractive for investors looking to hold a freehold commercial property with future asset enhancement potential.
ENQUIRE FOR MORE INFORMATION
Contact me AT 9892XXXX today for further details, rental information or to arrange a private viewing.
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