Rare freehold URA Conserved Shophouse turned Studio Apartment!!! Take ownership of a part of Singapore’s history!!
This is a beautiful URA conserved shophouse that has been artfully repurposed into a studio apartment. Located along rustic East Coast road, it is at the intersection of seaside nature, old world charm and new world modern conveniences!
For beach and nature lovers, the property is only a 15 minute’s walk to East Coast Park.
For foodies, it within a 7 minutes walk to famous favorites such as Beach Road Prawn Noodle House and the Marine Terrace Market & Food Centre! (see https://www.burpple.com/marine-terrace-market-food-centre)
For students, Tao Nan and Victoria Junior College are all within walking distance from the estate.
For working adults, there are direct buses from the estate’s doorstep to the CBD area. And by next year, the Marine Terrance MRT, which is a 5 minutes’ walk away, will be completed, making travel to the CBD even faster!
For investors, the property is tenanted out till June 2024 at $2700 per month. At a sale price of $699k, this means a gross yield of 3.86%, which is unheard of price for a freehold property at the fringe of the city! What’s more, with the Marine Terrance MRT completing in 2024, there will be room for capital and rental growth very soon!
So don’t let this good deal slip you by, arrange for a viewing today so that you can own a part of Singapore’s history, and pass on this rare freehold URA conserved shophouse turned studio apartment to your children and your grandchildren!
Call now to view the unit at a time of your convenience.
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