### Owner Auction Sale ###
Light Industrial (B1) units at E-Centre @ Redhill
About the unit :
- Tenure : 99 years from 01 July 1962
- Balance lease : around 38 years 9 momths
- 6 units are currently amalgamated and fully fitted with combined estimated area of 589 sqm or approx. 6340 sqft.
- Each individual unit estimated area :
Unit 1 (94sqm), Unit 2 (94sqm), Unit 3 (94sqm)
Unit 4 (103sqm), Unit 5 (107sqm) and Unit 6 (97sqm).
- 6 units (Lab) must buy with leaseback agreement of at least 2 years lease at rental S$2.82 psf.
Which is S$17900/month + GST.
- Tenant is a reputable company with 5 Labs strategically located around the world.
- High floor units.
- Floor to floor height : 3.8 m
- Floor loading capacity : 7.5kN/sqm
- Vertical access by 4 passenger lifts and 2 fire/service lifts with separate lift lobbies.
Pricing information :
- Guide price for bulk purchase of 6 units (589sqm) is $4.3M ($678psf).
- FY2022 property tax for 6 units : $18060 per year.
- Current Management fee + sinking fee for 6 units = $4284 per quarter.
- GST applicable for the sale.
About the E-Centre and its location :
- E-Centre is a Light Industrial (B1) space with prominent corporate-like image.
- There are food cafe at the centre and several eateries like ABC food centre located nearby.
- Opposite CPIB Building and near IKEA Alexandra.
- Nearest MRT : Redhill (EW18)
- Bus services : 14,123, 139, 147, 153, 196, 197, 198, 855 and 961
- Proximity to AYE and CTE.
- 169 covered car park lots.
- 52 uncovered car park lots.
For more information please contact Colliers Auction at 8123 XXXX.
Please Whatsapp/SMS me if l have missed your call.
Colliers - Investment Services
Sales & Auction