5155sqft
Built
$32,000,000
Asking
Freehold
Tenure
Mosque Street Shophouse for Sale
Mosque Street shophouse for sale. This is located on a quieter side of the Chinatown conservation area. It is more suitable for less touristy business.
This three storey freehold shophouse occupies two units and has a large floor plate on the upper levels. The upper levels are suitable for bigger companies looking for shophouse offices. Because big shophouse offices on a single level are less common, you can bet on a tenant staying for a longer period of time. You may also subdivide the other floor to give your tenant a bigger space should they expand. Not only does the space give you lots of flexibility but also helps keep your tenant with you should they grow.
Amenities of Mosque Street Shophouse for Sale
The connectivity in this area is awesome because Chinatown MRT station is just a short walk from here. Besides being near the MRT station, many buses stop along Cross Street, South Bridge Road, and En Tong Seng Street too.
Besides Chinatown MRT station, Outram MRT station and City Hall MRT station are also a few bus stops away from here.
The shophouse is not only very near to the main CBD area. But also easy to get to Bugis, City Hall, and Suntec City. The area is also very easily accessible to CTE, MCE, and ECP.
Although there are fewer frequent tourists, this area is more than your usual “Chinatown”. There are many hotels near this location, including Carpi China Square, Amoy Hotel together with up and up-and-coming Clan Far East Square. All these places will increase the visitorship to the area. Hence, increasing the demand for ground floor shop space rental. And because it is less touristy, there are more options when it comes to choosing the kind of business to operate here.
Shophouses for sale in this area are not so common, so this is a rare investment opportunity for you. This shophouse is zoned “commercial” under the URA Masterplan. That means you can potentially rent it out as an F&B, retail, or office. This is good news for investors.
The ideal property for investment.
Contact me for a private discussion if you’d like to find out more about this shophouse.
Call for a discussion today.
Call Dave Lee 97226361 now…
