Concorde Shopping Centre
317 Outram Road
S$ 799,000
Negotiable
377
sqft
S$ 2,119.36
psf
60 m (1 min) from TE16 Havelock MRT Station
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Property details
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About this property
Prime ground floor retail, 4.5% or more yield till 2028, no gst
Key Investment Highlights:
- Immediate Cash Flow: Tenanted at $3,000/month until 31 July 2028.
- Strong Yield: Attractive returns of 4.5% per annum.
- Zero GST: Save 9% immediately—a massive advantage for personal and corporate investors.
- Manageable Quantum: Low entry price of S$800k (Negotiable).
- Low Operating Costs: Efficient maintenance fee of only $500/quarter.
Property Features:
- Prime L1 Positioning: Exceptional frontage/foot traffic visibility, crucial for retail longevity.
- Practical Size: 377 sqft, optimized for retail or service-based businesses.
- Tenure: 99-year leasehold, ~53yr balance lease, situated in the highly sought-after District 03.
- Well-Connected: Minutes away from Outram Park, Tiong Bahru, and Havelock MRT stations, plus excellent bus accessibility via Zion Road and Outram Road.
This unit is perfect for investors seeking a stable asset with a proven track record. The current tenant provides peace of mind, while the location—surrounded by established residential and commercial hubs—ensures high demand for years to come.
Don’t miss this chance to secure a cash-generating asset in a prime city-fringe location. Ping us to view the investment breakdown or schedule a viewing.
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Amenities
Air conditioner
Covered car parking
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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