S$ 6,000,000
Negotiable
3272 sqft
S$1,833.74 psf
115 Frankel Avenue
FRANKEL AVENUE 458231 East Coast / Marine Parade (D15)
Nearby Stations
12 mins (900 m) to TE27 Marine Terrace MRT
map

Details

Type
Shop / Shophouse For Sale
Tenure
Freehold
Floor size
3272 sqft
Developer
N/A
Land size
N/A
PSF
S$ 1,833.74 psf
Furnishing
Fully Fitted
TOP
N/A
Floor Level
N/A
Listing ID
23009968
Electricity
N/A
Currently Tenanted
No
Listed on
2 days ago

Description

Shophouse for Sale with Reputable Tenant of More than 20 years!
Shophouse for sale with Good Tenancy Track Record!

Why you should purchase this shophouse now! Have a read on this short post as to why you should look into purchasing this shophouse!

The business owner has went on to open numerous outlets within Singapore. Over the past years, the tenant has earned its own special niche of customers in the Frankel Estate landed enclave, which provides a strong foundation of the constant business, which is what most property investors are looking for.

This shophouse still is being owned by the family since the 1950s when the title was granted. This ensures that the property is not priced unreasonably due to investors need to flip for immediate capital gain. In addition, transactions for shophouses along this stretch is extremely rare, less than 7 transactions in 20 years! Take this opportunity now!

The present COVID-19 situation has shown that the workforce is slowly shifting geared towards working at home.

This presents with a dilemma, as conserved shophouses are typically found in large commercial areas like Little India, and at the present moment, businesses in that area are highly affected.

This Frankel Avenue shophouse presents with exceptional value as F&B businesses in operation here have already a great track record (as shown as from the long term tenancy), and will further obtain value with this shift in working dynamics when more people are working from home.

Take the chance on this one of a kind opportunity now! Contact me at  +6596329840  or joshua.loo@orangetee.com for inquiries! Read More

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Facilities & Amenities

Key Features

  • Air-Conditioning

Location

What's Nearby

FRANKEL AVENUE
Map type

Default

Satellite

Master Plan

Joshua Loo
ORANGETEE & TIE PTE LTD
CEA: R061655B / L3009250K
Contact Agent

Legal Disclaimer: The advertiser assumes all responsibility for the advertisement details

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