Queensway Shopping Centre

1 Queensway Alexandra / Commonwealth (D03)See on Map

Food & Beverage

S$ 9,800,000

Negotiable

2,734 sqft

S$ 3,584 psf


About this property

Rare Freehold F&B Space

Freehold F&B Approved Commercial Shop For Sale
Retail unit for Sale with Tenancy

- No ABSD / SSD and foreigners eligible

- Stable long-term tenant since 2015 with more than 3% yield on a renewed 3-year lease till 2nd May 2024 (Rental @ $25,562)

- Long term capital appreciation potential and future Enbloc opportunity

- Part of an iconic destination mall, Queensway Shopping Centre

- Main road frontage with full glass façade and 24-Hour access, ideal for restaurants that operates into the wee hours (Hotpot Restaurants etc.)

- Comes equipped with food & beverage infrastructure (water / gas / grease trap / exhaust etc.)

- The unit can potentially be subdivided into seven smaller F&B units to create a unique F&B mix and increasing rental yield

- High footfall and strong consumer catchment from nearby car showrooms, offices, industrial buildings, hotel, Alexandra hospital, residential estates and the iconic IKEA Alexandra outlet

- Highly accessible via public transportation and walking distance to Queenstown MRT

FOR VIEWINGS & ENQUIRES:
Please call or WhatsApp Alvin Chang @  9*****

More details

Property Type
Food & Beverage For Sale
Floor Size
2734 sqft
Furnishing
Fully Fitted
PSF
S$ 3,584.49 psf
Currently Tenanted
Until 2 May 2024
Developer
Unknown Developer
Tenure
Freehold
Listed On
18 Jun 2024
Listing ID
24367246
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Amenities
24-Hour Access
Air-Conditioning
Car Parking
CCTV Security
Column Free
Raised Access Floor
Pantry
Reception Services
Car Park

About the location

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Frequently Asked Questions

The sale price of this unit at Queensway Shopping Centre is S$ 9,800,000.
Current PSF at Queensway Shopping Centre is about S$ 3,584.49 psf.
Queensway Shopping Centre is located at 1 Queensway Alexandra / Commonwealth City & South West (D01-08).
Floor size of this unit at Queensway Shopping Centre is 2734 sqft.
Queensway Shopping Centre is a Freehold property.