Up to 4% Yield! Cheap Freehold Unit Approved for Restaurant Usage along Upper Serangoon main road

Upper Serangoon Road

S$ 1,130,000


sqft

495

sqft

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S$ 2,282.83

psf


640 m (8 mins) from NE13 Kovan MRT Station


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Property details

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Food & Beverage for sale
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TOP in 2016
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Freehold tenure
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Listed on 20 Jul 2026
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Listing ID - 24020920
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495 sqft floor area

About this property

4% Yield! Cheap Freehold Restaurant Unit on Upper Serangoon Main Road!

PLANNING PERMISSION GRANTED FOR RESTAURANT USAGE FOR 5 YEARS RENEWABLE SUBJECT TO APPLICATION!
Potential Capital Appreciation & Positive Rental Reversion!
Lease Started since 2020 Till End Sept 2026 with option to extend till March 2027.
FREEHOLD SPAZIO @ KOVAN F&B UNIT WITH WINDOW FACING MAIN ROAD!
GARNER GREAT EXPOSURE TO YOUR TRADE BY PLACING ON DIGITAL BILLBOARD OR BANNER FACING UPPER SERANGOON MAIN ROAD!
QUICK SALE ! MOTIVATED SELLER!
SERIOUS FIRM OFFER SECURES! CLOSING SOON!
Freehold F&B / Retail Unit with Water Point located between 2 MRT
Water Supply, Suit Various Retail Trade, F&B, Showroom, Office ! Auspicious Choice Unit Located next to Lift & Staircase !
Chic Mixed Development with Huge Prominent Advertisement Panels facing Busy Upper Serangoon Main Road For Greater Exposure of Trade & Services !
Strategically located between Serangoon & Kovan MRT !
BUS STOP At Door Step !
Will consider any Serious Offer !!
Spazio @ Kovan is a freehold boutique development strategically located within the matured D.19 Serangoon private landed residential estate & several condominiums as well as HDB estates at Serangoon Central & Lorong Ah Soo with a large catchment of neighbourhood residents for businesses operating in Spazio @ Kovan.
Completed in 2017, it is centrally located with the convenience of seamless connectivity with a bus stop literally at its door step, the Serangoon Bus Interchange, Kovan and Serangoon MRT stations within close proximity not to mention, major expressways such as (CTE) and (KPE) and roads connecting the property to anywhere island wide.
Taxis are also easily hailed in this area.
Multiple Primary Schools and Education Institutes nearby Spazio @ Kovan
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FAQs

The sale price of this unit at Up to 4% Yield! Cheap Freehold Unit Approved for Restaurant Usage along Upper Serangoon main road is S$ 1,130,000.
Current PSF at Up to 4% Yield! Cheap Freehold Unit Approved for Restaurant Usage along Upper Serangoon main road is about S$ 2,282.83 psf.
The estimated loan repayment is S$ 4,315 / mo.
Up to 4% Yield! Cheap Freehold Unit Approved for Restaurant Usage along Upper Serangoon main road is located at Upper Serangoon Road Hougang / Punggol / Sengkang .
Floor size of this unit at Up to 4% Yield! Cheap Freehold Unit Approved for Restaurant Usage along Upper Serangoon main road is 495 sqft.
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