This Listing Item Has Expired
For Sale - Textile Centre (D07)
S$
(Negotiable)
S$ 850.21 psf (built-in)
25876 sqft / 2404 sqm (built-in)
Address:
Office
Listed on Feb 8, 2012
Property Info
Description
TEXTILE CENTRE entire 8th Floor(District 07)
Property Type: Office (Commercial)
Tenure: W.E.F 1970
Size: Strata Floor Area 39,310sqft : Total Lettable Area 25,876sqft
Asking Price: $22m / $850psf
Unit is currently split into 2 tenants: 1 Investment Company (Church) and 1 Karaoke
Combined Rental: $99,449pm
• Investment Company tenanted till May2015
• KTV tenanted till Dec 2013
• Only combined rental is reflected because of sensitivity issues
• Rental Yield: 5%
• $3,000,000 spent on renovations over the past 1 year
• Property tax $91,300 per annum
• Maintenance fee+Sinking funds $70,023.60 per annum
Excellent location along Beach Road
Textile Centre is located between Marina Bay and Kallang Bay, 2 important downtown precincts which are undergoing multi-billion dollar rejuvenation. From Integrated Resort to Grand Prix races, from indulgent city shopping to world class sporting action at the proposed sports hub, all the action will soon be at your doorstep.
Textile Centre is strategically located on the fringe of Central Business District just outside the Restricted Zone, yet in the heart of Singapore’s developing office micro market. Less than 5 minutes drive from the main financial district Raffles Place.
Textile Centre is well connected to all major places in Singapore via expressways – Nicoll Highway, East Coast Parkway, Ayer Rajah Expressway Pan Island Expressway and Central Expressway. MRT is within walking distance from Bugis and Lavender MRT stations. Excellent taxi and bus services are available on Beach Road and Nicoll Highway proposed Nicoll Highway MRT station.
Property Type: Office (Commercial)
Tenure: W.E.F 1970
Size: Strata Floor Area 39,310sqft : Total Lettable Area 25,876sqft
Asking Price: $22m / $850psf
Unit is currently split into 2 tenants: 1 Investment Company (Church) and 1 Karaoke
Combined Rental: $99,449pm
• Investment Company tenanted till May2015
• KTV tenanted till Dec 2013
• Only combined rental is reflected because of sensitivity issues
• Rental Yield: 5%
• $3,000,000 spent on renovations over the past 1 year
• Property tax $91,300 per annum
• Maintenance fee+Sinking funds $70,023.60 per annum
Excellent location along Beach Road
Textile Centre is located between Marina Bay and Kallang Bay, 2 important downtown precincts which are undergoing multi-billion dollar rejuvenation. From Integrated Resort to Grand Prix races, from indulgent city shopping to world class sporting action at the proposed sports hub, all the action will soon be at your doorstep.
Textile Centre is strategically located on the fringe of Central Business District just outside the Restricted Zone, yet in the heart of Singapore’s developing office micro market. Less than 5 minutes drive from the main financial district Raffles Place.
Textile Centre is well connected to all major places in Singapore via expressways – Nicoll Highway, East Coast Parkway, Ayer Rajah Expressway Pan Island Expressway and Central Expressway. MRT is within walking distance from Bugis and Lavender MRT stations. Excellent taxi and bus services are available on Beach Road and Nicoll Highway proposed Nicoll Highway MRT station.
Details
| Property Name: | Textile Centre |
| Property Type: | Office |
| Price: | S$ 22,000,000 Negotiable |
| Price (psf): | S$ 850.21 psf (built-in) |
| Floor Area: | 25,876 sqft / 2,403.94 sqm (built-in) |
| Condition: | Fully Fitted |
Facilities
| Aircon Operating Hours: | 24-hours individual aircon |
Special Features
| Meeting Rooms | Broadband Internet | Restrooms | Air-Conditioning |
| Car Parking | Loading Bay | Pantry | Kitchen |
| 24-Hour Access | Handicap-friendly |
Legal Disclaimer: The advertiser assumes all responsibility of the advertisement details
Contact Agent
|
Aileen Ang
Director
SINGXPRESS REALTORS PTE. LTD.
|
|
|
Call: +65 9863 4960 or +65 91903913
|
|
Location
Singapore



