Previous
Next
Bali Lane shophouse with F&B for sale, ideal for commercial property investors.
Type of Property
Shophouse
Price
Indicative $23 million
PSF
Approximately 154.6 sqm (about 1,664.11 sq feet)
Built Size
Approximately 4,595 sq. ft.
Current Tenancy
Step-up income of up to $50,000 per year.
Tenure Period
5 years.
Description
Bali Lane shophouse is available for sale at a prime location. With an allowance for F&B usage, it will make an excellent venue for commercial property investors. It has a strategic location with a popular F&B bringing heavy foot traffic.
At an asking price of $23 million, the 999 (from 06/06/1833 onwards) leasehold property has a ready tenant profile, making it a highly sought-after commercial shophouse.
Highlighted features of the property:
- 3-story corner shophouse for sale
- Super prime F&B operating businesses
- Strategically located in Haji/Bali Lane vicinity
- Leased to Blu Jaz Cafe for 5 years commencing 1 July 2022
- New owners can enjoy a ready step-up income as follows:
- $35000 for the first 6 months
- $38,000 for the second 6 months
- $40000 for the second year
- $42,000 for the third year
- $45,000 for the fourth year
- $50,000 for the fifth year
Call 85333888 to enquire more about the location and specifics of the property.
