People's Park Complex
1 Park Road, Boat Quay / Raffles Place / Marina
S$ 24,000,000
Negotiable5,080
sqft
S$ 4,724.41
psf
160 m (2 mins) from NE4 Chinatown MRT Station

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About this property
Ground-floor. 5,080sqft. 4 strata titles. Tenanted. 4% Gross Yield.
PROPERTY HIGHLIGHTS
• Prime Level 1 position
Excellent pedestrian traffic with convenient ground-floor access for customers.
• High visibility
Directly facing the courtyard and escalators, placing the premises in view of shoppers moving through the complex.
• Substantial 5,080 sq ft holding
A sizeable footprint suitable for anchor tenants seeking a prominent presence within an established retail development.
• Flexible ownership and leasing options
4 strata titles. Scope for separate unit disposals and/or individual leasing, subject to the existing tenancy and applicable requirements.
• Approved commercial use
Suitable for commercial occupation, with specific business uses subject to relevant approvals.
EXISTING RENTAL INCOME
Currently leased to one tenant at S$80,000 per month, with approximately three years remaining on the tenancy.
Annual rental income: S$960,000
Gross rental yield: 4%.
An opportunity for investors seeking existing rental income, prominent ground-floor exposure and future flexibility in managing their commercial property holding.
Contact Xiaoqing at 9***** for further details and a private viewing.
珍珠坊首层商铺出售|5,080平方英尺|现有租户|毛租金回报率4%
位于珍珠坊的首层商铺,人流充沛,正对中庭及扶梯,门面醒目。面积充裕,适合主力租户进驻,是兼具现有租金收入与灵活资产管理空间的商业投资机会。
物业亮点
• 首层优越位置
位于商场首层,顾客出入便捷,享有充沛的步行人流。
• 醒目门面,曝光度高
直接面向中庭及扶梯,让穿行商场的顾客更容易看到店铺。
• 总面积达5,080平方英尺
空间充裕,适合希望在成熟商业地段建立显著品牌形象的主力租户。
• 灵活出售及出租选择
可考虑分单位出售及/或独立出租,具体安排须符合现有租约及相关要求。
• 已批准商业用途
适合商业经营,具体业务用途须符合相关审批要求。
现有租金收入
目前由单一租户承租,月租80,000新元,租约约剩三年。
年租金收入:96万新元
毛租金回报率:4%
适合希望获取现有租金收入,同时看重首层曝光度及未来资产管理灵活性的投资者。
欢迎联系李晓庆: 9***** ,了解详情并预约看房。
Amenities
Air conditioner
Car parking outside
Security guard
Common facilities
Car park
Estimated mortgage
People's Park Complex
People's Park Complex is a commercial property located at 1 Park Road, Singapore 059108 in District 01. This commercial space is primarily used for Office rental and sale. People'S Park Complex is close to Chinatown MRT Station, Clarke Quay MRT Station and Outram Park MRT Station. It is near several bus stops located Bus Stop People's Park Centre - 05022, Bus Stop Chinatown Pt - 05049 and Bus Stop Opp Subordinate Court - 06171. You can also see from the map above how to get there via other means of transport. Amenities near People's Park Complex People's Park Complex is near to China Square Central and Central Mall for an array of amenities such as grocery and retail shopping, banks and more. People's Park Complex is also close to several eateries such as 189 New Bridge Road, Morning Star Food Court and Kopitiam (South Bridge Court).
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