Vertex (D14), Factory - For Sale #92835081
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Vertex (D14), Factory - For Sale

High rent yield 4.3% B1 industrial with 46yrs balance lease fire sale
2,164 sqft | $555 psf (Built)
$1,200,000
(Negotiable)
Estimated mortgage $X,XXX monthly
CEA: R056718G | L3002382K
Hi I'm Chong Yee Cheong Allan
Enquire Now
Listings
Vertex Building is designed with the modern industrialist in mind, carefully mapped with the ideology of a close knitted self sustaining community whereby different mix of users residing in this project can form an ecosystem to support each other.

So you can see that there are F&B units, showroom, ramp up factory and flatted units in this building. We have a good mix of users being printing industry, multimedia, car dealers, car workshop, IT, video production, childcare, minimart, call centres, service centres, logistics firms; you name it, we simply have it.

It outshines neighbouring projects like Oxley Bizhub with a lower maintenance fee due to the absence of senseless swimming pools and gym that nobody ever utilise.

This unit was for own use by the owner which a hefty sum had been vested for renovation. 2 years later, the owner never looked back and flourished to a bigger unit within the same project. Currently the unit is tenanted to a loyal tenant into their 3rd renewal with a decent rental returns of 4.3% based on the published price.

Let me emphasis that this is not a fire sale and the owner is looking to sell to reinvest into a bigger property. Viewings are restricted to advance notice, weekdays daytime only, as the tenant wishes not to be disturbed.

For those who are buying as an individual, you will be glad to know that this unit has no GST so can save 7%, and the demographics of tenant pool will be wider for you since Singapore Government is looking to increase the GST to 9~10% by 2023.

The maintenance fee is pretty low for a unit this size, at only S$200 odd monthly. Only sincere offers are considered, strictly no offending low balls. Interested parties can text me to find out more. I will share with you the recent transacted history price with you to make a better judgement.

I thank you for having read this far if you had. Drop me a text, 24.7...
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Chong Yee Cheong Allan
CEA: R056718G
9752XXXX
CEA: R056718G | L3002382K
Hi I'm Chong Yee Cheong Allan
Enquire Now
Listings
About this property
Address
Ubi Avenue 3
Property Name
Property Type
Factory
Model
Industrial
Condition
Fully Fitted
Tenure
LEASEHOLD/60 years
Asking
$1,200,000 (Negotiable)
Size
2,164 sqft (Built-up)
PSF
$555 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1632300370
Facilities
24-HOUR Access
450 Lux Lighting
Air Conditioning
Broadband Internet
Car Parking
Cat 5 Cabling
Cctv Security
Column Free
Loading Bay
Meeting Rooms
Pantry
Reception Services
Restrooms
Security Access Control
Server Room
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
UBI MRT
DT27
TAI SENG MRT
CC11
MACPHERSON MRT
CC10 DT26
Bus Stops
Opp HDB CP
58
HDB CP
58
Primary Schools
Maha Bodhi
0.94 km
Eunos Primary
1.5 km
Canossa Catholic Primary
1.5 km
Secondary Schools
Macpherson Secondary
0.87 km
Manjusri Secondary
1.04 km
Bartley Secondary
1.48 km
Shopping Malls
Singapore Post Centre
1.57 km
Paya Lebar Square
1.58 km
Joo Chiat Complex
1.96 km
Groceries & Supermarts
Giant(Kampong Ubi)
0.94 km
NTUC Fairprice (Circuit Blk 77)
1.09 km
NTUC Fairprice (Geylang East)
1.49 km
Google Map
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
UBI MRT
DT27
0.67 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
TAI SENG MRT
CC11
0.79 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
MACPHERSON MRT
CC10 DT26
0.85 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Opp HDB CP
58
0.12 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
HDB CP
58
0.13 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Maha Bodhi
0.94 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Eunos Primary
1.5 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Canossa Catholic Primary
1.5 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Macpherson Secondary
0.87 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Manjusri Secondary
1.04 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Bartley Secondary
1.48 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Singapore Post Centre
1.57 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Paya Lebar Square
1.58 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Joo Chiat Complex
1.96 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Giant(Kampong Ubi)
0.94 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NTUC Fairprice (Circuit Blk 77)
1.09 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NTUC Fairprice (Geylang East)
1.49 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
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Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
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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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