Bugis Point

530 North Bridge Rd, Singapore 188747
Price on Application

Description

Bugis point, Investment Property Singapore, Commercial Building For Sale, Singapore Building Bugis Point for Sale. Call +65 97528885, Investment Singapore. Capital Market.

Bugis Point is a 6-storey full commercial building located in the heart of the bustling Bugis district. Commanding 20 meters of prime road frontage and prominently located directly opposite Bugis Junction and Bugis MRT Interchange stations, the property is an extremely compelling opportunity.

This building is currently fully leased to a master tenant who occupies the entire building as a karaoke lounge with F&B operations on the ground floor. We transform real estate into real advantage by helping investors and owners minimise risk, increase income and maximise property value.

Located at 530 North Bridge Road, Bugis Point sits on a 999-year, 2,776 sq ft land, and has total floor area of approximately 16,975 sq ft. Zoned for full commercial usage under the 2014 Master Plan, the property is currently tenanted by a karaoke lounge operator which occupies the entire building and F&B operators on the ground floor ancillary F&B space.

The commercial building is located opposite Bugis Junction and Bugis MRT Interchange station. CBRE said, the building also commands high visibility and enjoys about 18 metres of prominent main road frontage along North Bridge Road.

According to the property consultancy, it expects interest from a wide pool of buyers especially because of the property’s land tenure.

The market has been patiently awaiting the sale of a freehold or 999-year tenure commercial building in Bugis over the last few years. Bugis Point presents a valuable opportunity to acquire an income-producing single asset of 999-year tenure in the CBD, at a palatable quantum, The property also comes with 6 strata titles and this will provide extra flexibility for strata sell down in the future.

Real Estate, Real Advantage.

We combine top property sales, finance and investment banking capabilities into a single, fully integrated global service that delivers better real estate investment performance. CBRE Commercial Capital Markets provides local market expertise and the intelligence necessary for success. As the worldwide industry solutions leader, we offer premier advisory services. Through real estate investment sales, debt and structured finance and investment banking financing, we deliver real competitive advantage and superior returns on client’s real estate investments. We offers clients unmatched knowledge, investor access and strategic advice across the spectrum of real estate investment

Advisory & Transaction Services With proprietary market intelligence and the industry’s most powerful service offering, we deliver a complete spectrum of strategic advisory, transaction management and portfolio services for occupier and investor clients.
  • Address: 530 North Bridge Rd
  • City: BUGIS/ BEACH ROAD
  • Zip/Postal Code: 188747
  • Country: Singapore

Detail

Updated on October 15, 2017 at 3:47 pm

  • Price: Price on Application