Balestier Road mixed-use building up for sale with S$22m guide price

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A FREEHOLD four-storey commercial and residential building at 320 Balestier Road has been launched for sale via expression of interest with a guide price of S$22 million, Showsuite Consultancy announced on Monday. Read more at The Business Times.

Located at the junction of Balestier Road and Kim Keat Road, the 4,377 sq ft corner site is zoned for commercial and residential use.

The building has a total GFA of 18,310 sq ft. On the ground floor are two shop units approved for restaurant use. Meanwhile, the second-floor commercial space may be used for retail, offices or students' accommodation, while the third and fourth floors comprise six apartments with 22 en-suite rooms.

"The central location and the basement carpark also makes this building suitable for commercial schools as well as rising businesses such as food delivery distribution centres," Mr Singh added. The building is owned by a company held under a single title, and the purchaser can have naming and signage rights.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

Source: News Formal (newsformal.com)

 

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