New
$1,600,000 ($578 psf) [Guide Price]
Admiralty Street, 757437, D27
2,770 sqft (257 sqm) Agent Information
#R055143D
philip.tiong@propnex.com
+65 81610348
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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
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.