Clementi West Street 2 (D5), Shop House - For Sale #86024311
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Colin Ee
CEA: R051292G

Clementi West Street 2 (D5), Shop House - For Sale

Do You Want to collect monthly rental of $10,600?
1,636 sqft | $1,711 psf (Built)
$2,800,000
(Negotiable)
Estimated mortgage $X,XXX monthly
CEA: R051292G | L3008022J
Hi I'm Colin Ee
Enquire Now
Listings
❤️❤️ High Rental Yield of 4.6% ❤️❤️
⭐ Blk 722 Clementi West Street 2 HDB shophouse for SALE
⭐ High Visibility. High Human Traffic !
⭐ Asking $2,800,000
⭐ Rental $10,600/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)
Chinese TCM at $3,300/mth (expiring soon)
UOB ATM machine at $1,000/mth (4 July 2022)
Yellow box for retail sales at $700/mth
✅ 2nd floor rental to :
Residential at $2,000/mth (1 July 2020)
✅ 85 years lease from 1995 (balance 60 years)
✅ No GST

Motivated Seller. MUST SELL !

Call Colin @ 93293333 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 !
Read more
CEA: R051292G | L3008022J
Hi I'm Colin Ee
Enquire Now
Listings
About this property
Property Name
Property Type
Shop House
Asking
$2,800,000
PSF
$1,711 psf (Built-up)
Built Year
1981
Area
1,636 sqft (Built-up)
Land Tenure
LEASEHOLD/99 years
Facilities
24-HOUR Access
Car Parking
Restrooms
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
CLEMENTI MRT
EW23
DOVER MRT
EW22
Bus Stops
Blk 723
282
West Coast CC
282
Blk 726 Clementi West Mkt
5130201282175143
Primary Schools
Clementi Primary
1.35 km
Qifa Primary
1.38 km
Pei Tong Primary
1.53 km
Secondary Schools
Kent Ridge Secondary
0.23 km
NUS High School Of Mathematics And Science
0.74 km
Nan Hua High
0.78 km
Integrated Schools
Nus High School Of Mathematics And Science
0.74 km
Anglo-chinese School (independent)
1.85 km
Shopping Malls
The Clementi Mall
1.33 km
Clementi Avenue 2 Shopping Centre
1.42 km
Groceries & Supermarts
Sheng Siong Hypermarket(Clementi 720)
0.06 km
Cold Storage West Coast Plaza
0.3 km
NTUC Fairprice (West Coast)
1.11 km
Google Map
Tap to Zoom
Bus/MRT
- mins
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- mins
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CLEMENTI MRT
EW23
1.36 km
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DOVER MRT
EW22
1.89 km
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Blk 723
282
0.06 km
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West Coast CC
282
0.13 km
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Blk 726 Clementi West Mkt
51 30 201 282 175 143
0.17 km
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- mins
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Clementi Primary
1.35 km
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- mins
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Qifa Primary
1.38 km
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- mins
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- mins
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- mins
Pei Tong Primary
1.53 km
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- mins
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- mins
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- mins
Kent Ridge Secondary
0.23 km
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NUS High School Of Mathematics And Science
0.74 km
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Nan Hua High
0.78 km
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Nus High School Of Mathematics And Science
0.74 km
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Anglo-chinese School (independent)
1.85 km
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The Clementi Mall
1.33 km
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Clementi Avenue 2 Shopping Centre
1.42 km
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Sheng Siong Hypermarket(Clementi 720)
0.06 km
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Cold Storage West Coast Plaza
0.3 km
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NTUC Fairprice (West Coast)
1.11 km
Bus/MRT
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Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
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Purchase Price
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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