83 Marine Parade Central
Marine Parade Central, East Coast / Marine Parade
S$ 5,880,000
1,507
sqft
S$ 3,901.79
psf
90 m (1 min) from TE26 Marine Parade MRT Station
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About this property
Exclusive Sale and Leaseback Shophouse at Marine Parade Central
Unit Condition
Secure a rare 2 storey Housing and Development Board shophouse spanning 1507 square feet. Offered at 5.88 million dollars, this exclusive sale and leaseback opportunity provides a lucrative guide rental of 23000 dollars per month, achieving an impressive annual yield of 4.7 percent. The versatile layout features a level 1 retail shop and a level 2 residential living quarter complete with bedrooms, a kitchen, and a living room.
Building Facilities
Positioned in a highly sought after commercial node, the property boasts incredible street frontage with a bus stop located directly in front of the unit. This exceptional commercial space benefits from massive daily footfall, capturing eager shoppers and residents traversing between major retail landmarks and local community markets.
Nearby Amenities / Transportation
Located at 83 Marine Parade Central, the property offers unrivaled connectivity. Enjoy a quick 1 minute walk to Marine Parade Mass Rapid Transit Station. Strategically situated between iMall and Parkway Parade shopping center, the unit is also mere steps away from the bustling Marine Parade Central Market and Food Centre, ensuring tremendous business exposure.
Secure a rare 2 storey Housing and Development Board shophouse spanning 1507 square feet. Offered at 5.88 million dollars, this exclusive sale and leaseback opportunity provides a lucrative guide rental of 23000 dollars per month, achieving an impressive annual yield of 4.7 percent. The versatile layout features a level 1 retail shop and a level 2 residential living quarter complete with bedrooms, a kitchen, and a living room.
Building Facilities
Positioned in a highly sought after commercial node, the property boasts incredible street frontage with a bus stop located directly in front of the unit. This exceptional commercial space benefits from massive daily footfall, capturing eager shoppers and residents traversing between major retail landmarks and local community markets.
Nearby Amenities / Transportation
Located at 83 Marine Parade Central, the property offers unrivaled connectivity. Enjoy a quick 1 minute walk to Marine Parade Mass Rapid Transit Station. Strategically situated between iMall and Parkway Parade shopping center, the unit is also mere steps away from the bustling Marine Parade Central Market and Food Centre, ensuring tremendous business exposure.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 0 / mo
S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
S$ 0
Downpayment
S$ 0 Loan amount at 0% Loan-to-value
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Recommendations
FAQs
The sale price of this unit at 83 Marine Parade Central is S$ 5,880,000.
Current PSF at 83 Marine Parade Central is about S$ 3,901.79 psf.
The estimated loan repayment is S$ 22,457 / mo.
83 Marine Parade Central is located at Marine Parade Central, East Coast / Marine Parade East Coast / Marine Parade East Coast (D15-16).
Floor size of this unit at 83 Marine Parade Central is 1,507 sqft.
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