New
$875,000 ($2,804 psf) [Negotiable]
317 Outram Road, D03
312 sqft (29 sqm) Agent Information
#R050956Z
JAMESJOSEB@propnex.com
+65 93530099
Listing Type
Property Group
Property Type
District
Floor Area
SALE
Retail
Shop / Shophouse
D03
312
Tenure
Street Name
99-year Leasehold
317 Outram Road
Dear Sir/Mdm,
Concorde Shopping Centre Ground Floor Shop For Sale
Rare ground floor commercial shop with water point available for sale in Concorde Shopping Centre. Excellent investment opportunity with immediate rental income and strong yield.
Property Details:
• Ground floor unit
• Approx. 312 sqft
• Includes water point
• Currently tenanted at S$4,200/month (No GST)
• Lease secured until February 2028
• Tenant profile: E-commerce business
Investment Highlights:
• Asking Price: S$800,000 nett
• No GST payable
• Approx. 5.8% rental yield
• Estimated valuation around S$1M
• Approx. 53 years balance lease remaining
Well suited for investors seeking stable rental returns with strong entry pricing in a central commercial location.
Definitely worth a personal trip to view and appreciate unit!
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If above unit does not fit your every requirements, feel free to contact or drop me a SMS at 9353 0099.
Yours truly is standing by to assist on your queries.
James Jose
Propnex Realty Pte Ltd
(The Problem Solver agent)