471 Joo Chiat Road

Key Details

Amenities

Bath Room

24 hr Access

Meeting Rooms

Air Conditioning

Pantry

Kitchen

Description

GREAT INVESTMENT, NO ABSD, GOOD CAPITAL APPRECIATION COMMERCIAL CONSERVATION SHOPHOUSE FOR SALE

THIS RARE UNIT
-2 storey conservation shophouse 
-full commercial (no absd)
- no GST
-tenanted to long term tenant 
-just renewed 2+2 year contract
-tenanted at $4.6k / mth on lvl 1 
- lvl 2 owner own use now, (est tenancy 3k)

GREAT INVESTMENT PROSPECT
- QUICK BREAK EVEN
- 6 MIN WALK TO NEW MRT MARINE PARADE (2023) MRT EFFECT
- WELL MAINTAINED AND FITTED BARELY ANY RENO NEEDED
- LONG TERM TENANT OF VERY GOOD INDUSTRY
-well loved area with hipster / new business entering
- NO ABSD / NO GST 

LOCATION
- 7 min walk to new MRT marine parade 
-3 min walk to I12 KATONG
(this unit is actually closer to mariner parade not joo chiat)

marine parade area is like sitting on gold mine
https://www.straitstimes.com/business/property/owning-an-hdb-flat-in-some-areas-like-sitting-on-a-goldmine 

own a piece of appreciating heritage!
Call hazel to find out more!
91506723
no agent fee
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