4-storey shophouse for sale at North Bridge Road

Type of Property

Shophouse

Price

Indicative $33 million

PSF

Land Size

142.8 sqm (1,537 sqft)

Built Size

Approximately 4,800 sqft

Current Tenancy

Rented at $41,250 per month on average

Tenure Period

N/A

Description

A 4-storey shophouse with a rooftop at North Bridge Road is up for sale.

The property is fetching attractive rental:

  • Level 1 is rented at $25,000 per month. The tenancy will expire on May 2023.
  • Levels 2,3,4 including the roof rented at a range of $18,000-$20,000 per month excluding 7% GST. The tenancy will expire on October 2023.
  • In total, the owner can fetch approximately $41,250 rental per month on average.

Highlighted features of the property:

At a selling price of around $33 million, the property offers a ready tenant profile. On purchase, the buyer gets to own a 4-storey property in a hotspot with monthly ready cash flow for several months.

Call 85333888 to enquire more about the location and specifics of the property.