This is the one and only mall shop serving 572 residential units, located near to the common facilities of swimming pools, BBQ pit and management office.
Currently tenanted till February 2017, tenant is operating as a mini-mart. Unit TOP since 2005, remaining almost 90 years.
Good for investment for those who are considering about having passive income. My banker can consider to lend up to 70% of the purchase price so with S$150k initial down payment and the rest on instalment for 30 years which can be fully funded by rental income. Your expected ROI is Annual rental income / Cash outlay = at least 5%. Far better than your miserable 0.25% interest gain from your savings in any bank.
For those who are interested to start up a business in not just running as minimart, can consider to value add to the minimart by including home delivery service, home repair services etc to the residents. Buy this unit, don't rent... Its only sensible this manner, isn't it? Able to operate 24 hours
Guess what? As owner of this retail shop, you can even enjoy the condo facilities, free parking, book BBQ pits and hosts events!
Contact me any time, 24/7. OR visit my website for more information: www.comm1realty.com
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