Rare Freehold Corner Pair | 2 Conservation Shophouses | Income-Producing
RARE OPPORTUNITY – TWO ADJOINING FREEHOLD CONSERVATION SHOPHOUSES FOR SALE!
An opportunity to acquire a pair of adjoining conservation shophouses in Singapore’s city-fringe commercial precinct.
Featuring a prominent corner position, excellent street frontage and existing rental income, this property offers long-term holding potential with opportunities to explore future asset enhancement.
PROPERTY HIGHLIGHTS
✅ Freehold Tenure – Long-term ownership
✅ 2 Adjoining Shophouses – Sold Together
✅ Prominent Corner / End Position with excellent visibility
✅ Combined Land Area: Approx. 3,025 sqft
✅ Combined Floor Area: Approx. 6,006 sqft
✅ Full Commercial Zoning | Gross Plot Ratio 3.0
✅ Existing Rental Income: Approx. S$29,500/month
✅ Annual Rental Income: Approx. S$354,000
✅ Existing Tenancies – Expiry / Options in 2028
✅ Ground Floor: Approved F&B Use
✅ Upper Floor: Approved Pet Boarding & Yoga Studio
KEY INVESTMENT HIGHLIGHTS
1. Freehold Conservation Shophouses
Distinctive heritage architecture with a unique commercial identity, offering long-term ownership appeal.
2. Prominent Corner Position
Excellent street visibility with a prominent frontage, suitable for commercial branding and occupier appeal.
3. Existing Rental Income
Currently generating approximately S$354,000 annually, providing an existing income stream for investors.
4. Potential Asset Enhancement Opportunities
Conceptual rear extension potential offers an opportunity to explore additional floor area and future rental optimisation, subject to architectural feasibility studies and relevant statutory approvals.
5. Versatile Commercial Potential
Potential future occupier concepts include F&B, education and enrichment, wellness, healthcare and lifestyle services, subject to planning and relevant approvals.
ASKING PRICE: S$21,000,000
Suitable for investors seeking a freehold commercial asset with heritage character, existing income and potential asset enhancement opportunities.
Contact Flora He for further details and viewing arrangements.
All information, areas, tenancy particulars and planning matters are subject to verification. Any extension, redevelopment or change of use is subject to relevant authorities’ approval.
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