New

Food Xchange @ Admiralty

$1,600,000 ($578 psf) [Guide Price]

  • Admiralty Street, 757437, D27

  • 2,770 sqft (257 sqm)

Agent Information

Philip Tiong

#R055143D

philip.tiong@propnex.com

+65 81610348

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Property Details

  • Listing Type

  • Property Group

  • Property Type

  • District

  • Floor Area

  • SALE

  • Industrial

  • Factory / Workshop (B2)

  • D27

  • 2770

  • Furnishing

  • Tenure

  • Floor

  • Post Code

  • Street Name

  • Unfurnished

  • 60-year Leasehold

  • High Floor

  • 757437

  • Admiralty Street

Description

PRICE REDUCED TO S$1.60M!

FOOD XCHANGE @ ADMIRALTY | 2,770 SQFT | 60KVA 3-PHASE | B2 FOOD FACTORY

An opportunity to own a food-production / industrial unit within the established Food Xchange @ Admiralty development.

Approx. 2,770 sqft on Level 6, offering a practical floor plate for businesses looking to establish or expand their own food-production, processing or central kitchen operation.

KEY PROPERTY FEATURES
• Asking price: S$1.60 million
• Approx. 2,770 sqft
• Approx. S$578 psf
• Level 6
• B2 industrial / food-factory use
• 60 KVA 3-phase electrical supply
• Existing exhaust system
• Existing grease trap
• Mezzanine office
• Ramp-up access
• Loading / unloading facilities
• High-ceiling industrial environment
• 2-year lease option available if purchaser is considering an investment strategy

SUITABLE FOR
• Central kitchen
• Food manufacturing
• Food processing
• Catering production
• Bakery production
• Food preparation
• Food repacking / processing
• Other approved food-related uses

The unit is currently configured as a relatively open production space without existing kitchen equipment or cold-room facilities. This provides an owner-occupier with the flexibility to design the production area according to its own workflow, equipment and operational requirements.

Existing exhaust, grease-trap infrastructure and 60 KVA 3-phase electrical supply provide a useful foundation for food-production operations, subject to the buyer's intended use and the relevant approvals.

WHY FOOD XCHANGE @ ADMIRALTY?

Food Xchange is an established B2 food and industrial development serving businesses involved in food production, processing, catering and related activities.

For an owner-occupier, this property provides the opportunity to own rather than rent, while retaining the flexibility to customise the premises for the company's long-term operational requirements.

For investors, the unit can also be considered as an industrial asset with potential rental income, subject to prevailing market conditions and tenant demand.

NEW ASKING PRICE: S$1.60 MILLION

Serious buyers are welcome to arrange a viewing and assess the unit's suitability for their business requirements.

All information is subject to the buyer's own due diligence and the relevant authorities' approval for the intended use.

Location

Facilities

  • Bath Room

  • Kitchen

  • Loading Bay

  • Ram Up Access

  • Rest Room