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

Situated in the city edge, Delta Tampines Ave 11 Condo House is within 700m strolling range to Tiong Bahru MRT station, near Tiong Bahru Plaza, Valley Point and also Great World City. It’s just a seven-minutes’ drive to the CBD.

Kingsford Waterbay Floor Plan

The device occupies close to 65% of the whole flooring, as well as stands for concerning 10% of the total strata location and also overall share value at Delta House. The seven-storey flatted manufacturing facility has a preschool on the initial storey, with upper stories real estate production rooms, stockrooms and also secondary workplaces.
The sale undergoes existing occupancies with staggered lease expiration days. According to Zeng, the supplier prepares to rent back the majority of the space that it’s inhabiting. The unit has home windows on 3 sides, straight traveler as well as freight lift gain access to in addition to eight scheduled parking spaces.

A property strata industrial device at Delta House, Hillhaven Condo located along Alexandra Road, gets on the market offer for sale by personal treaty with JLL as the special advertising and marketing representative. The The Myst a measure cost for the unit with a strata location of 23,562 sq ft is $30 million or $1,237 psf, says Victor Zeng, JLL Singapore director of resources markets.

JLL’s Zeng anticipates to see rate of interest from both manufacturers and also capitalists given the scarcity of estate strata devices in the city fringe. Buyers may additionally check out strata subdividing the whole lot, subject to authorities’ approval.