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Red Doorz Hotel (D8), Shop House - For Sale

Free Hold Boutique Hotel with Great ROI
18,500 sqft | $2,595 psf (Built)
$48,000,000
(Negotiable)
12 Baths
Estimated mortgage $X,XXX monthly
CEA: R032056D | L3002382K
Hi I'm Jerry Lum
Enquire Now
Listings
Boutique Hotel @ Little India Conservation District

Tenure: Free Hold Fee Simple with 83 rooms
Built In Area: 18,500 sq feet on land site 4,050 sq feet
Current Status: tenanted to master hotelier for 2 plus 2 years option to renew
Monthly rental income: S$125,000 for 1st 2 years from 3th year additional 10% increase in rental
Fantastic Return on Investment: S$1,500,000 annual rental income before tax
Little India: a must visit Singapore landmark bustling with countless retail shops, restaurants, eateries, jewelers, temples and the world renowned Musthafa Center 8 minutes walk away.
Strategically located: Jalan Besar MRT Station is 5 minutes walk away, from here one can commute to Orchard Road, CBD, Bugis Junction, Marina Bay are all within 15 minutes by MRT
Asking price subject to offer and acceptance


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Jerry Lum
CEA: R032056D
8288XXXX
CEA: R032056D | L3002382K
Hi I'm Jerry Lum
Enquire Now
Listings
About this property
Address
Dickson Road
Property Name
Property Type
Shop House
Model
Hotel
Restroom
12
Condition
Fully Fitted
Tenure
FREEHOLD
Owner Type
Private
Asking
$48,000,000 (Negotiable)
Size
18,500 sqft (Built-up)
PSF
$2,595 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1603101137
Facilities
Reception Services
Restrooms
Air Conditioning
Kitchen
Broadband Internet
Av Equipment
24-HOUR Access
Cctv Security
450 Lux Lighting
Secretarial Services
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
JALAN BESAR MRT
DT22
ROCHOR MRT
DT13
BUGIS MRT
DT14 EW12
Bus Stops
Bef Sim Lim Twr
6465857130139147
Rochor Stn
980851960170170A576666A66B674823
Opp Rochor Stn
1661701314856578519602N4N980
Primary Schools
Stamford Primary
0.42 km
St. Margaret's Primary
0.88 km
Farrer Park Primary
0.89 km
Secondary Schools
School Of The Arts, Singapore
0.87 km
Northlight
1.57 km
Integrated Schools
School Of The Arts, Singapore
0.87 km
Shopping Malls
Sim Lim Square
0.26 km
The Verge
0.29 km
Tekka Market
0.4 km
Groceries & Supermarts
Sheng Siong Hypermarket(The Verge)
0.2 km
NTUC Fairprice (Rochor Centre)
0.36 km
Giant(New World Centre)
0.46 km
Google Map
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
JALAN BESAR MRT
DT22
0.15 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
ROCHOR MRT
DT13
0.21 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
BUGIS MRT
DT14 EW12
0.52 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Bef Sim Lim Twr
64 65 857 130 139 147
0.14 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Rochor Stn
980 851 960 170 170A 57 66 66A 66B 67 48 23
0.23 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Opp Rochor Stn
166 170 131 48 56 57 851 960 2N 4N 980
0.24 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Stamford Primary
0.42 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
St. Margaret's Primary
0.88 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Farrer Park Primary
0.89 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
School Of The Arts, Singapore
0.87 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Northlight
1.57 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
School Of The Arts, Singapore
0.87 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Sim Lim Square
0.26 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
The Verge
0.29 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Tekka Market
0.4 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Sheng Siong Hypermarket(The Verge)
0.2 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NTUC Fairprice (Rochor Centre)
0.36 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Giant(New World Centre)
0.46 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
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Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
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Mortgage
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You will need a downpayment of $X,XXX plus applicable stamp duties and expenses, based on 70% LTV ratio, 30-year loan with 4.5% interest rate.
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