❤️❤️ High Rental Yield of 4.5% ❤️❤️
⭐ Blk 722 Clementi West Street 2 HDB shophouse for SALE
⭐ High Visibility. High Human Traffic !
⭐ Asking $2,800,000
⭐ Rental $10,200/mth
✅ Total size – 1636 square feet
1st floor shop unit – 732 square feet
2nd floor living quarters – 904 square feet
✅ Strategically located at Clementi West Street 2 wet market and food centre
✅ Singapore Pools (next door), Sheng Shiong market, Nan Hua Primary School, temple, post office and other shops in the same cluster.
✅ Directly opposite West Coast Plaza, adding to the human traffic and vibrancy.
✅ Availability of plenty of car park lots nearby.
✅ Densely surrounded by residential housing (HDB and landed estate) and industrial estate.
✅ 1st floor rental to :
Salon at $3,600/mth (1 March 2021, will renew)
Medicure at $2,800/mth (Sep 2022)
UOB ATM machine at $1,000/mth (4 July 2022)
Yellow box for retail sales at $800/mth (no contract)
✅ 2nd floor rental to :
Residential at $2,000/mth (renewing for 2 years)
✅ 85 years lease from 1995 (balance 60 years)
✅ No GST
Motivated Seller. MUST SELL !
Call Colin @ 9329XXXX for viewing appointments.
⭐⭐ How do you multiply your wealth by 6 times ? ⭐⭐
⭐ An investment of $800,000 today will yield $5.088m in the next 60 years.
⭐ At $2.8m, 25% down payment and tax is about $800,000. This is your investment capital.
⭐ Rental at $10,600/mth.
⭐ At 75% loan, over 20 years and 2% interest, the monthly repayment will be fully repaid by the rental.
⭐ The loan will be fully repaid in 20 years, leaving another 40 years free of debt, just collecting $10,600 rental per month, which is $5.088m in 40 years.
⭐ The monthly rental of $10,600 can be passive income for your children for 40 years.
⭐⭐ This is the power of property in legacy planning !