Wednesday, July 11, 2007

BEACH ROAD PROPERTY

INCOME BUILDING - BEACH ROAD
Income Building currently owned by NTUC through close tender or at the junction of Beach Road. Current owner is looking at between 20-25 million Singapore dollars (@1.53 = between 11 and 13 million USD)

1. This is a excellent location just opposite the up market Suntec Convention and Exhibition centre where we used to be.

2. More importantly, this is FREEHOLD property and it's a 6 storey building with an elevator.

3. This area is the next big thing in Singapore call the Golden Belt.

4. In fact it is located a stone throw away from a great grand Raffles Hotel where Mr & Mrs Tollman used to stay

5. Within the central Business district

6. Walking distance to the Marina Bay Integrated Resort by SANDS of Las Vegas

7. 10 minutes walk to Swisshotel Singapore, Conrad Internationa, Pan Pacific, marina Mandarin hotels

Current status : Waiting for owner to respond






Property Description

6 storey commercial building with a half basement level

Site Area : 366.5 sqm (Approx. 3,944.97 sqft)

Plot Ratio: 4.2

Strata Area: 1,748 sqm (Approx. 18,815.30 sqft)

Tenure: Leasehold 999 years less 10 days commencing from 24 January 1827

Tenancy : With Tenancy
Property Consultant: Chesterton International Property Consultants Pte Ltd

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