Craig Road (D2), Shop House - For Sale

D02 Tanjong Pagar | Craig Road | Tanjong Pagar MRT

A pair of shophouses sold together in the Tanjong Pagar conservation area.

WHY THIS PROPERTY
- Land approx. 3,115 sq ft, built-up approx. 7,379 sq ft.
- Both units sold together under one address. Office allowed on all storeys (per URA eAdvisor).
- Minutes' walk to Maxwell and Tanjong Pagar MRT.

PROPERTY
- Tenure: 99 years from 1988 (approx. 61 years remaining)
- Asking S$30,000,000 (approx. S$9,631 psf on land, approx. S$4,066 psf on built-up)

TENANCY
- Single tenant, whole building, till 31 Mar 2035. Rental income details on enquiry.
- Full tenancy info and 3D virtual tour on enquiry.

SUITABLE FOR
- Long-term investment now; own use as head office or family office after the tenancy ends (Mar 2035).

Possible trades (per URA eAdvisor; others subject to change of use approval): office, restaurant, takeaway food shop, shop, medical clinic, gym / fitness centre, commercial school, childcare centre, laundromat, pet shop / vet clinic.
Not allowed: massage / spa, bar, nightclub, restaurant and bar, restaurant with live music, amusement centre, showroom, industrial, religious use.

All sizes stated are estimates only and are subject to a final survey by the buyer, at the buyer's own discretion and cost.

Co-broke welcome.

All uses are subject to approval from the relevant authorities (e.g. URA). The buyer or incoming occupier makes its own submissions to the authorities for its use.

Interested parties, please send: your name, own use (your trade) or investment, financing in place (yes / no), preferred completion date, and when you would like to view.

Contact Pearlyn 9061 XXXX (ERA, 26 years' experience in real estate sales and commercial properties)

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