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For Sale - Textile Centre (D07)

S$Base64 encoded image (Negotiable)
S$ 850.21 psf (built-in)
25876 sqft / 2404 sqm (built-in)    
Address:
Office    
Listed on Feb 8, 2012
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    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.

    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

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    Contact Agent

    Aileen Ang
    Director
    CEA Licence No.: R029699Z / L3009420F
    SINGXPRESS REALTORS PTE. LTD.
    Call: +65 9863 4960
    or +65 91903913
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    Location


    Singapore
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