Excellent Investment with attractive 4.1% ROR.
A Block of 7 storey Multi-User Light industrial building with another block of 44 Mechanised carpark, 1 Surfaced Carpark, 1 Lorry Bay at the
Subject property
AREA:
Ground - SFA
#01-01 2508 Sq.ft (approx 1572 Sq.ft GFA Nett )
#01-02 2529 “ (approx 1626 " “ )
#01-03 3196 “ (approx 2110 “ " )
#01-04 2691 “ (approx 1647 “ " )
#01-05 2464 “ (approx 1572 “ " )
Upper - SFA
#02-02 2938 “ (approx 1658 “ " )
#03-01 3121 " (approx 1766 " " )
#05-01 3121 " (approx 1766 " " )
#06-02 2938 " (approx 1658 " " )
The subject property is situated at Lorong 23 Geylang about 150metres north of the junction of Sims Avenue and 300 metres from the Aljunied MRT station. It’s approximately 5km from the city centre and access to the subject property is from Aljunied Road / Sims Drive and also from Sims Avenue at Lorong 17 and Lorong 23 Geylang.
The immediate locality comprises low/high rise private industrial buildings and mid rise HDB residential blocks. Prominent developments
in the vicinity include One Sims Lane, Yu Li Industrial Building, Prosper House, THK Building, Geylang Medhodist Primary/Secondary Schools
and Aljunied MRT Station.
Labour supply is readily available from the nearby HDB estates and Geylang residential area. Public transport facilities are available along Sims Avenue. The Aljunied MRT Station is located 200 metres across the subject property.