Freehold East Coast Rd 4 storey shophouse with Student Hostel License For Sale.
✔ Freehold 4 Storey with 1st Storey SPA and 2nd to 4th Storey Student Hostel, 23 Rooms.
✔ Master Plan Zoning: Residential with Commercial at 1st Storey.
✔ Land Size: 2,491 sqft, Built Up: 7,664 sqft and Roof Terrace 1,357 sqft
✔ Tenanted till 31 Dec 2020.Asking for 9.9M .
For more information Or Exclusive viewing‼️
☎️ Allan Lee at 8158 XXXX | R059244J | ERA for more info!
About This Shophouse
This Rarely available Freehold Shophouse has a student hostel licence, which allows accommodation facilities for students studying in local primary schools, secondary schools, junior colleges and tertiary institutions. With an appealing rental yield of over 3 percent and a low per-square-foot (psf) price of around S$1,300 psf, this asset will be considered by high-net-worth individuals with an eye for undervalued investments, as well as family boutique real estate players seeking to expand into hospitality.
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