Strata industrial unit at Delta House on the market for sale and lease back at $30 mil

The unit occupies near to 65% of the whole flooring, Lorong 1 Toa Payoh Condo as well as stands for regarding 10% of the overall strata area and also overall share worth at Delta House. The seven-storey flatted factory has a preschool on the initial storey, with upper stories housing production spaces, storage facilities as well as ancillary workplaces.
The sale goes through existing tenancies with staggered lease expiry days. According to Zeng, the vendor intends to lease back the majority of the space that it’s occupying. The unit has home windows on three sides, direct traveler and freight lift gain access to along with eight scheduled parking spaces.

A property strata industrial system at Delta House, located along Alexandra Road, is on the marketplace for sale by exclusive treaty with JLL as the exclusive advertising and marketing representative. The indicative cost for the unit with a strata area of 23,562 sq ft is Bukit Batok EC $30 million Holland Drive Condo or $1,237 psf, claims Victor Zeng, JLL Singapore supervisor of funding markets.

Found in the city edge, Delta House is within 700m walking distance to Tiong Bahru MRT terminal, near Tiong Bahru Plaza, Valley Point and Great World City. It’s simply a seven-minutes’ drive to the CBD.

The Verandah Residences Site Plan

JLL’s Zeng expects to see rate Orchard Road Condo of interest from both financiers and manufacturers given the shortage of freehold strata devices in the city edge. With the leaseback by the supplier, investors take pleasure in instant rental income stream he adds. Buyers may also explore strata partitioning the whole lot, based on authorities’ approval. No Additional Buyer’s Stamp Duty applies on the purchase of the acquisition, and immigrants are eligible.

Leave a Reply

Your email address will not be published.

Dairy Farm Residences | The Estuary | Forestville | Sant Ritz | Ecopolitan | J Gateway | Kensington Square | Lake Life | City Gate | Westwood Residences | Bellewoods | Bellewaters | The Terrace EC | Botanique @ Bartley | Symphony Suites | The Vales EC | Wandervale EC | Thomson Impressions | Parc Life EC | Highpark Residences | Cairnhill Nine | Parc Riviera | Sol Acres | Inz Residence EC | Kingsford Waterbay | Signature at Yishun | The Criterion EC | The Alps Residences | Forestwoods | Queens Peak | The Navian | Amber 45 | The Verandah Residences | Nim Collection | Martin Modern | Le Quest | Bukit 828 | The Hyde | Seaside Residences | Fourth Avenue Residences | The Garden Residences | Uptown @ Farrer | The Gazania | Meyer Blue | Park Hill | Midtown Suite | Artra Condo | 8 Saint Thomas | Grange 120 | The Tapestry | Park Colonial | Riverfront Residences | Jadescape | Boulevard 88 | Arena Residences | Parc Clematis | Riviere | Midwood | Avenue South Residence | Midtown Bay | Piermont Grand | Kopar @ Newton | Arina East Residences | Klimt Cairnhill | Belgravia Ace | Bukit Batok EC | Copen Grand EC | Tengah EC | Senja EC | The Myst | JCube Condo | Tengah Plantation EC | Hillhaven Condo | Upper Thomson Road Condo| Zion Road Condo | Tampines Ave 11 Condo | Jurong Lake District Condo | Orchard Boulevard Condo | Lorong 1 Toa Payoh Condo | Rent Out Condo | Lumina Grand | Marina Gardens Condo | Holland Drive Condo | Orchard Boulevard Residences | Lentor Mansion | Tengah Garden Avenue Condo | Jalan Loyang Besar EC | Media Circle Condo | Champions Way Condo | River Valley Green Condo | One Sophia |