Strata commercial space in Jalan Besar for sale at $22 mil
The building at 260 Jalan Besar rests on a land area of 5,478 sq ft, with a total build-up location of around 17,243 sq ft. Teo replies that the 3rd along with 4th levels, which different owners hold, are at the moment being used as home units. The place of the real estate at the crossway of Jalan Besar and Plumer Road gives the ground floor location a broad, 30m front.
A strata industrial place at a four-storey building located in 260 Jalan Besar is up for sale at a suggestive rate of $22 million. The space figures 4,876 sq ft, which equals $4,511 psf. It consists of the land and also second levels of the structure.
The building is inside walking distance of the Farrer Park MRT Terminal on the North-East Line and Bendemeer MRT Station on the Downtown Line.
He incorporates that the ground floor space has gotten in-principle confirmation for F&B usage. The area on the second flooring, which marks 1,819 sq ft, is connected to the ground floor unit with an interior staircase. “There is a good chance that the operator could place on take the level 2 place as exclusive eating place.”
Teo claims the future owner can also utilize the real property for commercial intentions, like a display room, or as retail store or business office premises. He anticipates the residential property to see eager interest from different customers, including family offices looking for an investment residence that can supply secure leasing yields or F&B owners looking for a property with a remarkable frontage.
Jac Teo, senior operation unit head at Knight Frank, states the manager is presently making use of the ground floor area as a display room for their workplace equipment service, while the second ground homes office and also a meeting room. Teo, together with deputy organization unit head Chin Mei Fong, are the exclusive advertising representatives also are gathering expressions of interest for the real property, focused to nearby early on January 2023.
