For Sale  -  St Michael's Place | Approved For ChildCare Centre (D12)

S$ 26,800,000  View to Offer   |  S$ 2095.71 psf   |  12,788 sqft (1,188.03 sqm)  

Tristar New Exclusive Listing

This is a rare opportunity to invest in a highly coveted 4 Storey Freehold Commercial Block of 12,877 sqft total strata space compromising of 7 strata units. We are open to listen to any serious offers (VTO).

Unique Selling Points

1) Freehold - Rare Asset. Long Term Appreciation.

2) No ABSD and SSD - Foreigner ABSD Stamp Duty Savings +20% over Residential Property.

3) Foreign Eligible to Buy - No Restriction to Ownership of Commercial Property.

4) Existing Cashflow - Purchase Asset with Ready Rental Yield

5) AAA Tenant - Highest Quality of Tenant. Peace of Mind.

6) Positive Gross/Net ROE - Healthy Investment Ratios.

7) Long Tenancy - 4+4+4 with 10% Rent Cap. Invest with Peace of Mind.

8) A1 Accessibility - 8 min walk to MRT. Along major bus routes. Direct access to CTE and PIE.

Call Edwin Yip today for investment details or viewing enquiry.

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    Property Information

    Development Name:
    St Michael's Place | Approved For ChildCare Centre
    Property Type:Office
    Tenure:Freehold
    Completion Year:1997
    # of Units:74

    Location


    Singapore 329022
    Nearest MRT Station
    • NE9 Boon Keng MRT Station (0.66 km)
    • DT24 Geylang Bahru MRT Station (0.83 km)
    • NE10 Potong Pasir MRT Station (0.84 km)

    Nearest Schools
    • Bendemeer Primary School (0.36 km)
    • Bendemeer Secondary School (0.53 km)
    • Cedar Girls' Secondary School (0.61 km)

    Contact Agent about This Listing

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    Edwin Yip (叶卫亮)
    Associate Director CCR-Condo-Landed-GCB-Commercial-Industrial Real Estate
    TRISTAR PROPERTIES PTE LTD
    edwin.yip1972@gmail.com
    CEA Licence No.:
    L3009694G / R058312C
    +(65) 9686 9064