(D22), Warehouse - For Sale

B2 Factory with Big Land @ Gul Drive D 22

* Huge Land area : 18,703.40 sq m (201,323 sq feet)
* Current Built Up Area: 9,264 sq m (99,718 sq feet)
* Potential Rebuild GFA: 281,852 sq feet
* UOB Bank Valuation: Gross Development Value after rebuild $ 37,500,000
* URA Zoning 2014 Master Plan: Type B2 with Plot Ratio 1.4
* Current Architecture: front 2 storey office building and production is Single
storey with 8 m high ceiling.
* JTC Lease: 30 + 30 years from 1/3/1978, lease will expire 28/2/2038 balance 18 + Years
* Current Usage: Paper Production, Oil & Gas Engineering Work and Industrial Powder Coating Work
* Rental Income: $42,900 per month until Aug 2021
* Ample Parking Lots: front and side yard can easily accommodate 50 cars plus lorries
* Loading and Unloading: this factory can accommodate 10 x 40 foot containers with room to spare
* JTC Land rent: $24,143.57 per month
* Property tax: $13,175 per month

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