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

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

A freehold strata commercial system at Delta House, located along Alexandra Road, is on the market offer for sale by private treaty with JLL as the unique marketing representative. The a measure rate for the unit with a strata location of 23,562 sq ft is $30 million or $1,237 psf, claims Victor Zeng, JLL Singapore supervisor of funding markets.

Bellewaters EC

JLL’s Zeng anticipates to see passion from both manufacturers and capitalists provided the scarcity of property strata devices in the city edge. Purchasers might likewise discover strata subdividing the great deal, subject to authorities’ authorization.

The unit inhabits near to 65% of the entire floor, as well as represents regarding 10% of the complete strata location and also overall share worth at Delta House. The seven-storey flatted factory has a preschool on the first floor, with upper stories real estate production areas, stockrooms as well as supplementary offices.
The sale is subject to existing occupancies with staggered lease expiration dates. According to Zeng, the supplier prepares to rent back a lot of the room that it’s inhabiting. The unit has windows on three sides, straight traveler and cargo lift accessibility along with eight scheduled garage.

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