Immediate Rental Income, Heavy Human Traffic, Next to MRT, No Absd
BEAUTY WORLD CENTRE
Immediate Rental Income| Existing Long-Term Tenant | Near MRT | No ABSD
Asking $2,288,888
• Foreigner eligible to purchase
• Pure commercial property – No ABSD
• Approx. 614 sq ft
• Balance lease: Approx. 52 years (99-year lease commencing from 1979)
• Monthly MCST: Approx. $641
• Existing tenancy with a stable, long-term tenant
WHY THIS UNIT STANDS OUT
1. Immediate Rental Income
Existing tenancy in place, allowing the new owner to enjoy rental income upon completion and potentially offset holding costs.
2. Convenient MRT Connectivity
Less than a 3-minute walk to Beauty World MRT Station (Blue Line), providing excellent accessibility for tenants, customers and staff.
3. Established Commercial Catchment
Located within an established neighbourhood with a wide range of residential, commercial and lifestyle amenities. Suitable for a variety of service, lifestyle and neighbourhood-oriented businesses, subject to the relevant approvals.
4. Pure Commercial Property – No ABSD
An attractive option for investors looking to diversify into commercial property. As a pure commercial unit, the purchase is not subject to residential ABSD.
BEAUTY WORLD – TRANSFORMATION & FUTURE POTENTIAL
Beauty World is undergoing rejuvenation under the URA Master Plan, including plans for an Integrated Transport Hub and One-Stop Community Hub, with facilities such as a market, hawker centre, library and sports amenities.
The continued development of new residential projects in the surrounding area is also expected to further strengthen the local catchment and support the area's long-term vibrancy.
A COMPELLING COMMERCIAL INVESTMENT
With existing rental income, an established tenant, excellent MRT accessibility, a mature surrounding catchment and ongoing Beauty World rejuvenation, this unit offers an attractive combination of income and long-term potential.
Photos are for illustration purposes only.
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