Strata commercial space in Jalan Besar for sale at $22 mil

The building at 260 Jalan Besar sits on a land area of 5,478 sq ft, with a total build-up location of around 17,243 sq ft. Teo includes that the 3rd along with fourth floors, which different property owners secure, are presently being taken as residence units. The place of the property at the crossway of Jalan Besar including Plumer Roadway offers the ground floor area a wide, 30m front.

He adds that the ground floor location has actually received in-principle approval for F&B operation. The spot on the second floor, which estimates 1,819 sq ft, is connected to the ground floor unit with an inner staircase. “There is a good chance that the operator could place on take the level 2 location as personal dining rooms.”

The building is just within walking range of the Farrer Park MRT Terminal on the North-East Line also Bendemeer MRT Terminal on the Downtown Line.

A strata commercial location at a four-storey structure nestled at 260 Jalan Besar is up for sale at a suggestive rate of $22 million. The place measures 4,876 sq ft, which equates to $4,511 psf. It comprises the land and also second floors of the establishment.

Midtown Bay condo

Teo says the potential proprietor could additionally use the residence for economic purposes, such as a display room, or as retail or business office premises. He prepares for the residential property to observe keen attention from various customers, consisting of home workplaces seeking an investment property that can give stable leasing yields or F&B brokers looking for a real estate with a prominent frontage.

Jac Teo, senior operation unit head at Knight Frank, says the proprietor is nowadays making use of the ground floor space as a showroom for their workplace machines business, while the 2nd ground residences office plus a conference room. Teo, in addition to deputy organization unit head Chin Mei Fong, are the exclusive advertising agents and are collecting expressions of interest for the property, intended to nearby early January 2023.

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