+8

Bussorah Street

District 07, Singapore

AGENT ONLY ON 99

2 days ago

category

Shophouse

2,800 sqft (built up)

S$1,964.29 psf

For sale

S$5.5 M

Key details

Property Segment

Commercial

Main Category

Shophouse

District

D07

Is Tenanted

Yes

Lease Expiry

01 Aug 2020

Price per sqft

S$1,964.29

Fitting

Fitted

Amenities

Bath Room

Bath Room

Broadband

Broadband

Grease Trap

Grease Trap

Car Park

Car Park

Dual Power

Dual Power

24 hr Access

24 hr Access

Large Floor Plate

Large Floor Plate

Meeting Rooms

Meeting Rooms

Air Conditioning

Air Conditioning

Description

Land: 1559
Biltup: 2800
2sty
99yrs fr 19Nov2003
Last Tenancy $15K. now $11,200 till Aug2020, cos tenant did a lot on capital expenditure. Selling $5.6M. Highest Offers secures ...
UOB / DBS / OCBC all value $6.5M. Rents and capital values set to rise with launch of GuocoLand’s Midtown Project https://www.straitstimes.com/business/companies-markets/guocoland-starts-work-on-midtown-project-on-beach-road

Picture(s) unit Now looking at $6M. I’ve another not renovated asking $5.5M (no pictures)

c/w grease trap
3phase power supply 100Amp 

99 year leasehold wef Nov 2002

2 storey with front and rear staircase

Fresh 2 year tenancy till 31st July 2020

● No ABSD & SSD!
● No GST!
● LTV up to 80% approval!*
● Not subjected to TDSR restriction!*
● Huge potential capital appreciation!
● Situated within Kampong Glam precinct!
● Historic district, URA primary conservation area!
● Famous Tourists' Hotspot! Young and Vibrant enclave!
● High human traffic volume. Near to mega developments such as Concourse Skyline, The Plaza, Duo, The Citygate!
● Walking distance to Nicoll Highway MRT and Bugis MRT!
● Car-Free zone! LTA road closure during weekends!
● Makeover done! Brand new renovation! More than half a million dollars spent!
● Designer decor, sleek & cosy!
● Tenanted to reputable, established company with international presence! Strong tenant profile!
● The list goes on........

Also:

Haji Lane:
Land 512 & 515sqft or combined double shopfront 1027sqft
Whole unit 1200 / 1300sqft ea $12K or combined 2500sqft 2.5sty @$22K for both very high ceiling
Or 512 grd + 688 + 785 sqft upper @$7.5psf
or  515 grd + 688 + 785 sqft upper @$7.5psf

Or Just 688sqft upper or 688+785sqft combined upper unit

For sale: 
Haji Lane. Rare a pair of newly renovated units approved for F&B. Strategic location!

1250/2450sqft tenanted wef
May2016 $26K
2017 $28.5K
2018 $30.5K

Valuation $11.5M, Asking $12M...
now reduced to $9.788M. Almost $3.8% yield...
Premium Agent

Patrick (Monopoly) Wee

Neststac Pte Ltd

CEA: L3010593A | R030753C

Response rate: 80%

Calculated using last 10 consumer enquiries in the last 30 days
Premium Agent

Patrick (Monopoly) Wee

Neststac Pte Ltd

CEA: L3010593A | R030753C

Response rate: 80%

Calculated using last 10 consumer enquiries in the last 30 days
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