Automobile Megamart
61 Ubi Avenue 2, Eunos / Geylang / Paya Lebar
S$ 1,080,000
Negotiable
2,992
sqft
S$ 360.96
psf
320 m (4 mins) from DT27 Ubi MRT Station
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About this property
High yield investment opportunity! near ubi mrt
Minimum 7.7% Existing Gross Yield
Rental Upside Potential or Own Use
An attractive opportunity for investors seeking a high-yielding industrial property within Singapore’s established automotive hub at Automobile Megamart, Ubi.
Ideal for:
Investors seeking rental yield • Automotive business owners • Car dealers • Vehicle leasing operators • Investors looking for income-producing
Property Highlights
* 2992sf
* 2nd-floor ramp-up unit – convenient direct vehicle access
* Capacity for approximately 20 cars
* Good frontage and suitable for automotive showroom/business use
* Currently rented at $7,000 per month
* Existing tenancy has expired and is presently on a month-to-month basis
* Potential opportunity for rental reversion
* Indicative market rental potential of around $8,000- $9000 per month, subject to market conditions
* Automobile Megamart’s land lease renewed to 2040 (long term stability for tenants)
* Located within the established Ubi automotive cluster
* Convenient access to major roads and approximately a short walk to Ubi MRT
Call Geri Foo at 9***** for viewings or queries.
Call / PM Geri Foo at 9***** for viewings Apr
Estimated mortgage
Automobile Megamart
Automobile Megamart is a commercial property located at 61, Ubi Avenue 2, 408898 in District 14. Automobile Megamart is primarily used for Light Industrial (B1) rental and sale. Automobile Megamart is close to Eunos MRT Station (EW7) and MacPherson MRT Station (CC10). It is near to several bus stops located opposite Eunos Technolink – 71089, at Blk 302, Ubi Avenue 2 – 71139 and at Eunos Tecnolink – 71081. Amenities near Automobile Megamart Automobile Megamart is near several eateries located at nearby buildings such as Thai Food Restaurant @ Kampong Ubi at 301 Ubi Avenue 1 and Fu Yuan Eating House. Automobile Megamart is within reasonable distance to NTUC Fairprice Supermarket. It is also close to Kembangan Plaza for an array of amenities such as grocery, retail shopping, banks and more. Automobile Megamart is accessible via Paya Lebar Road, Eunos Link and Pan Island Expressway.
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