Sims Avenue, Geylang East, Central Region, Singapore
$3,099,999
Call Andrea ⑨⑥⑨③ ⑦⑦⑧⑦ ✦ Cheap! Almost sold! Do not miss this incredibly rare 5.44% high-yield investment asset before it is snapped up by savvy investors. ✦ Asking only $3.1M for a fully tenanted double-storey shophouse generating a massive $14,050 monthly rental income. ✦ Level 1 features a bustling retail shop space spanning 80 sqm with strong frontage. ✦ Level 2 spans 93 sqm ✦ 99-year leasehold from 1985 (balance 58 years) offering an unbeatable entry price and extremely fast capital recovery for a commercial asset of this caliber. ✦ Strategically located in a massive catchment area benefiting from the nearby Paya Lebar Quarter commercial hub, James Cook University demographic, and high-density Geylang residential estates. ✦ Endless footfall driven by upcoming BTOs in the Dakota and MacPherson clusters reaching their MOP status, alongside a steady stream of transient workforce. ✦ Primary Schools within 1km: Geylang Methodist School (Primary), Kong Hwa School. ✦ Primary Schools within 2km: Canossa Catholic Primary School, Haig Girls' School, Tanjong Katong Primary School, Maha Bodhi School. ✦ Aljunied MRT (EWL), Paya Lebar MRT (EWL, CCL), Dakota MRT (CCL). ✦ PIE, KPE, ECP, Nicoll Highway for seamless islandwide connectivity. ✦ PLQ Mall, Paya Lebar Square, SingPost Centre, Geylang Serai Market, Haig Road Hawker Centre, Pelton Canal PCN. ✦ Paya Lebar Airbase Relocation, Kallang River Master Plan, commercial zoning, high footfall, move-in condition, corner unit potential, heavy human traffic, en-bloc potential, B1/B2 industrial synergy, high yield, investment property, renovated. Disclaimer: All areas are approximate & subject to survey. This listing does not constitute a warranty, offer, or statement of fact. Visuals and floor plans (some AI-generated) are strictly for illustration. Call Andrea ⑨⑥⑨③ ⑦⑦⑧⑦
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License: L3008022J
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