Concorde Shopping Centre
317 Outram Road
S$ 3,600,000
Negotiable
1,474
sqft
S$ 2,442.33
psf
60 m (1 min) from TE16 Havelock MRT Station
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About this property
Rare Discotheque-Approved Investment! Stable tenant since 2010!!
Asking: $3.6M
Bank indicative: $3.8M
Ideal for investors seeking a rare-use commercial asset with frontage, income, and future upside in a central city-fringe location.
Rare opportunity to acquire a highly visible commercial asset at Concorde Shopping Centre, right at Havelock MRT Exit 5 and facing the main road for maximum exposure. The property comprises 3 combined units with a total strata area of approximately 1,474 sqft.
This unit is sold with an existing tenant, a well-known nightlife operator, providing immediate holding income. Current rental is $12,000/month + GST, with lease running to end 31/12/2027. Approved use is DISCOTHEQUE, which is a rare and valuable use case in today’s market. URA states there are exclusion areas where new conversions to nightlife uses are not supported, which makes existing approved nightlife premises more distinctive.
Contact for more information!
Your interests. Always.
Trina Ng
Common facilities
Car park
Community plaza
Drop off point
Estimated mortgage
Concorde Shopping Centre
Concorde Shopping Centre is a 99-year Leasehold commercial property located at 317, Outram Road, 169075 in District 03. Concorde Shopping Centre is primarily used for Other Retail rental and sale. Concorde Shopping Centre is close to Tiong Bahru MRT Station (CC27), Outram Park MRT Station (EW16/NE3) and Chinatown MRT Station (NE4). It is near to several bus stops located opposite Holiday Inn Atrium – 06149, at Holiday inn Atrium – 06141 and at Blk 94, Zion Road - 06081. Amenities near Concorde Shopping Centre Concorde Shopping Centre is near to several eateries located at nearby buildings such as Kopitiam @ Tan Boon Liat Building and Melting Pot Café at Holiday Inn Atrium. Concorde Shopping Centre is within reasonable distance to Cold Storage Supermarket. It is also close to Great World City for an array of amenities such as grocery and retail shopping, banks and more. Concorde Shopping Centre is accessible via Zion Road, Outram Road and Central Expressway.
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