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Corner shophouse with french cafe nestled in Jalan Klapa.
Type of Property
Shophouse
Price
Indicative $11.5 million
PSF
Approximately $3,673
Land Size
Land Size 1,241 sqft
Built Size
Approximately 2,722 sqft for ground floor and attic level; 193 sqft for terrace area
Current Tenancy
No (Owner occupied)
Description
A corner shophouse in Jalan Klapa, a tranquil conservation district, is a true hidden gem for commercial property investors. With freehold tenure and an owner-operated shophouse cafe, it has all the components of a profitable investment.
The asking price for the property is $11 million, which translates to $3,673 psf, excluding the terrace area. A similar shophouse at 148 Arab Street was purchased by Mr. Bong at $ 4,080 psf. Therefore, this shophouse for sale is already available at a bargain price.
Highlighted features of the property:
- Bargain price
- Corner spot with F&B license
- French cafe adding to the ambiance
- Freehold tenure
- Usage: Level 1 – Restaurant, level 2 – Residential, Mezzanine floor – Residential
Call 85333888 to enquire more about the location and specifics of the property.