Shophouse for Sale in Lorong 15 Geylang

For Sales Freehold Geylang Shophouse for Residential or Business Use

Selling at bank’s latest indicative valuation S$1.98m - S$2m.
Sell with existing tenancy. Suitable for business use or residential purpose.
Owner has spent and done reinstatement works to reduce the renovation cost for the next buyer.
Tenant has done renovation works.
The current unit space is a large area suitable for business use or residential use.
There is front entrance and back entrance for this unit.

Please call / text Mark at [9.2.3.5.9.1.0.7] to arrange an exclusive viewing.

Unit Details
- Ground Floor Residential Shophouse
- Rare Freehold
- Size: 1334 sqft / 124 sqm
- Large space.
- Currently rented out to a corporate tenant on 3 years lease till September 2028.
- Our tenant built 8 bedrooms, 1 kitchen, 3 bathroom.
- Can apply to URA for change of business use, subjected to URA approval. For reference, neighbouring level 1 shophouse units have successfully applied for URA change of business use.
- This level 1 shophouse is strata title freehold residential.
- Along Geylang Lorong 15, many of our level 1 neighbour units are currently used as eateries, karaoke entertainment center, workshop, school, temple, offices.

This is not commercial shophouse. Additional buyer stamp duty (absd) is payable when buy under company name or personal name if already hold an existing residential property.

No GST payable for this unit.
MCST management fee $360 per year.
This unit comes with 1 parking lot.

Level 1: We are selling
Level 2: Different owner
Level 3: Different owner

Location Details
- Prime location shop/shophouse for sale in Geylang, City Fringe.
- Close to Aljunied MRT station (0.5 km) and Kallang MRT station (1.1 km).
- Don't miss this opportunity to own a property in a bustling area with easy access to amenities.

Please call / text Mark at [9.2.3.5.9.1.0.7] to arrange an exclusive viewing.