1452sqft
Land
5666sqft
Built
SG$25,000,000
Asking
99 Years from 2016
Tenure
Newly Renovated Shophouse for Sale
Features
- Newly Renovated
- Centralised Location: In between 2 MRT stations, Clarke Quay and Raffles Place.
- Surrounded by amenities like F&B options and personal services.
- Great Growth Potential: The ongoing renewal of the area will further transform the area into a bustling commercial hub.
- F&B tenant on level 1
New Bridge Road is part of the Outram planning area, which has been designated a conservation area by the Urban Redevelopment Authority (URA). This means that the shophouses in the area are subject to strict guidelines for preservation and restoration, ensuring that the area’s unique character is maintained for future generations.
More Details of New Bridge Road Conservation Shophouse for Sale
This is probably one of the most convenient locations in the city. Two MRT stations are within a short walking distance away. Firstly the Raffles Place MRT station and follow by Clarke Quay MRT station.
New Bridge Road is a very good location for F&B businesses and there are a lot of tenants looking to find a space here. You can be sure that there will be a demand for your space even if the current tenant decided not to renew the lease after the expiry.
With the completion of Maxwell station, Circular Road and its surrounding area will be more crowded in the future. This will drive up the demand for F&B space for rent here. This shall be a healthy sign for the rental price.
This shophouse size is also ideal as an investment property. Its bigger size means you can have more tenants. So while you are sourcing for a tenant for 1 vacant unit, the other units are still bringing in rental income.
Shophouses for sale in this area are always in demand because of the rentability of the space here. So this is a good 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.
Contact us for a private discussion if you like to find out more about this shophouse.
Call for a discussion today.
Call Dave Lee 97226361 now…
www.shophouseoffice.com