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* Bryton House (B1 building for sale)
Location: 12 ahoy Fatt Road
Land Area: 22,000 sqf
Built up: 56,500 sqf
Tenure : 99 years lease from 1958, balance 41 years
Land rent: $0 (No land rent)
Ground floor : Car Park
(Office space from 2nd floor to 6th floor.) Breakdown of each floor size as below:
2nd floor: 11,000 sqf, ceiling height =7m
3rd floor: 7500 sqf, ceiling height= 7m
4th floor: 11,800 sqf, ceiling height = 3.8m
5th floor: 11,800 sqf, ceiling height= 3.8m
6th floor: 11,800 sqf, ceiling height= 3.8m
Floor loading : 7.5kn
Car park lot: 30 lots
Electricity power: 3000 amp, 400 volt
Maintenance : lift $882 per month
It is good for your long term investment with stable income per month. The rental for B1 building are realistic at reasonable price. It is located at strategic location with better demand for rental. Town area companies will be looking at city fringe property to rent for easy business running. Other than for investment, you may use it for your business expansion.
As business asset, if to calculate the investment return. Calculation as below:
Rental per month = $76,050
Rental per year = $9,12,600
Rental collection for 41 years = $37,416,600. ( Buying price $29,000,000)
(* Above calculation not yet taken into consideration of currency inflation in the future)
Lease top up with the rental demand, or buy over by developer for future at strategic location can give you further investment return.
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