For Sale by Tender Closing by : 28 August 2018 (Tuesday), 3.00pm
KEY PROPERTY HIGHLIGHTS
- Freehold Tenure
- Rare opportunity to acquire a corner row of four contiguous shophouses
- Each shophouse has a private carpark lot
- Potential to tap on the unutilized gross floor area for a rear residential dwelling extension, up to 6-storey
- Value-add opportunity for studio-style apartment units in the rear extension for strata sales or unique co-living concept for rental income. (Subject to authority approval)
- Hip and unique food & beverage offerings can be catered on the first storey to serve surrounding residential catchment and tourists from nearby hotels such as One Farrer Hotel, Park Hotel Farrer Park and Parkroyal on Kitchener Road.
- 5-minute walk to Farrer Park MRT station (North-East Line) and 10-minute walk to Bendemeer MRT station (Downtown Line)
- Easy access to other parts of the island via the Central Expressway (CTE).
- Less than 10-minute drive to city centre
Land Area
No. 15 : 141.2 sq m (approx. 1,520 sq ft)
No. 17 : 136.8 sq m (approx. 1,473 sq ft)
No. 19 : 138.4 sq m (approx. 1,490 sq ft)
No. 21 : 137.1 sq m (approx. 1,476 sq ft)
Total: 553.5 sq m (approx. 5,958 sq ft)
Estate in Fee Simple
Zoned “Residential with Commercial at 1st Storey” of Plot Ratio 3.0
POTENTIAL Gross Floor Area: 1,660.5 sq m (17,873 sq ft approximately)
Within Jalan Besar Conservation Area in a Secondary Settlement
- Potential for Rear Extension, Up to 6-storey
To be sold with vacant possession on an “as is where is’ basis
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