For Sale - Ubi Tech Park (D14)

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Development: Ubi Tech Park
Developer:
Dist: 14
Tenure: 60 years from 05/07/1997
Completed: Around 2002
Address: 10 Ubi Crescent S(408564)
Size: 1389 sqft
Asking: $650,000 or ($468 psf)
Bank Valuation: $700,000 or ($504 psf)
Latest Transaction: $508 psf Apr 2011
GST: No GST required for purchasing this property
Tenancy: Tenanted half unit at 1,300/month, 2 years. Expires Dec 2012, Can rent back to owner at $1,300/month for the other half unit. So total rental is $2,600/month
2 Main door, each unit has its own entrance to maintain privacy.
Rental Yield: 4.8% based on purchase price of $650,000
Expiry: Dec 2012 (Early termination is possible if buyer buys for personal use)
Tenant: Construction Firm and IT Firm
Facing: 2 Main Door, 1 Main Door faces North-East and the other Main Door faces South-East
Fittings: Fully fitted with 4 internal aircon.
Maintenance: is about less than $150/month exclude GST
Electrical Bill is under 1 meter and it's about $390 to $450 per month, paid by owner who took half unit
Passenger Lift: 4 Passenger Lift
Cargo Lift: 4 Cargo Lift
Loading Bay: Yes
Container Parking Lot: Yes
Car park: 1st season parking lot $66/month, Sebsequent season parking lot $80/month
Fittings:
1 Director room
1 Meeting room
1 Reception Service Area
1 Store Room
4 Work stations
Flooring: Laminated wood
Aircon: 4 units.
MRT: 0.69km to Macpherson MRT (CC10)
0.96km to Paya Lebar MRT (EW8)
Bus stop: 3 min walk to Ubi Ave 1 bus stop

Meeting Rooms	Reception Services	Broadband Internet	Air-Conditioning
Car Parking	Column Free	Loading Bay	CCTV Security