New

High yield 5.8% shop | Leased till 2028 | 100m to MRT

$875,000 ($2,804 psf) [Negotiable]

  • 317 Outram Road, D03

  • 312 sqft (29 sqm)

Agent Information

James Jose Boo

#R050956Z

JAMESJOSEB@propnex.com

+65 93530099

Property Details

  • Listing Type

  • Property Group

  • Property Type

  • District

  • Floor Area

  • SALE

  • Retail

  • Shop / Shophouse

  • D03

  • 312

  • Tenure

  • Street Name

  • 99-year Leasehold

  • 317 Outram Road

Description

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)

Location

Facilities

  • Air conditioning

  • Renovated

  • Original Condition

  • Ground Floor

  • Column Free

  • Rest Room

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