Rare invest opportunity in the City. Large 2 bdrm @ D2. Dont Miss Out!
Exceptional 999 Yr Heritage Development with Distinct Character.
Work, Live, Play, Shop & Entertain in the City!
RARE large config 1066 sqf 2 bedroom unit in the heart of the CBD's cultural centre.
$85 000 spent transforming this into a comfortable and stylish City Oasis. Featuring timber floorings throughout and renovated kitchen and covered yard.
Quiet oasis like development. Quiet yet with Club street F & B at the doorstep and Chinatown across the road.
Large Optimised spaces – Large Square Living/Dining/ Bedrooms Both bedrooms can easily Fit King beds
Renovated and covered service/storage yard
Short hop to 4 MRT Stations and other transport to other parts of Town and SG
Strategically priced for CAPITAL OPPORTUNITY. Leverage on this as the CBD and Southern Waterfront area continues to transform well into 2033.
Easy To Lease: well renovated and spacious unit leases out in less than 2 weeks. Vacant period max. 1.5 weeks over the last 12 years
Currently leased out at $5500 till 05 Sept 2025 with a 2.6% yield. Potential to convert into a 3 Bdrm unit and lease at $8000 ++ with rental yield of 3.8% to 4%
Maintenance: $1100 only per quarter. Rare for a CBD locale
More on Town Living:
Synchronizes into the upcoming Great Southern Waterfront and SG Govt plans to develop D1 and D2 into multi faceted abodes for investors and residents alike.
https://www.ura.gov.sg/Corporate/Planning/Master-Plan/Master-Plan-2019/Urban-Transformations/Greater-Southern-Waterfront
City Living will look like this in the near future – car lite + green spaces
https://www.straitstimes.com/singapore/heritage-of-city-ports-structures-under-study-ahead-of-greater-southern-waterfront-development
For the street smart investor - this 999 lease hold unit (as good as freehold) is super easy to lease out and holds unlocked value gain in an enbloc potential.
Call GeraldG @ 9875XXXX to take a peek.
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