(Sold) Freehold Property At Balestier Road For Sale (Prime Location)

This 5-storey freehold building has 8 units under different owners (each unit has area 1195sf) (total =1195x8 = 9560sf)
TOP: 1993
Land size: 4207sf
Plot Ratio: 2.8
Individual units are available for sale. Currently 4 units are tenanted. Each unit has 2 toilets/bathrooms and can accomodate 6 tenants.
Good rental yield (S$3k-4.5k/month per unit).

For sale of all 8 units, the asking price is S$13.8M.
For sale of 4 units or below, offer of 1.2M per unit will seal the deal.

Option to purchase 7 out of 8 units (to have majority control of the buidling) is available at S$8.4m; this will mean lesser upfront initial payment, while maintaining the majority right to get approval from relevant parties for all renovation or other works.

Each unit has squarish layout & very spacious. Good renters' profile; existing tenants are mainly nurses working in nearby hospotial or medical centre.
Each level has 2 units (Levels 2-5); level 1 is lobby & reception counter
Land tenure: Freehold
Great location: peaceful yet convenient, with amenities / eateries / malls /supermarkets / 7-11 convenient store all within walking distance
Foreigners Eligible
TOP: 1993
Land size: 4207sf
Plot Ratio: 2.8

Comes with passenger lift
Comes with basement car park which can accomodate 8 cars
Investor can expect monthly rental income of between S$3,000 to S$4,800 per unit.

Sale price does not include property tax

Near to Novena MRT & Toa Payoh MRT
A popular choice for foreigners who come to Singapore to work as nurses & doctors in hospitals and medical centres

Can email to leave your contact details, budget and time frame for investment. Only for serious investor.