Kallang Avenue, Kallang Bahru, Central Region, Singapore
$58,000,000
The retail podium spans across two floors within an 11-storey multiple-user light industrial building. The 23 retail strata units offering a combined strata area of 1,800 sq m (or approximately 19,373 sq ft). It has recently undergone a repositioning effort, transforming into a dynamic sports and lifestyle destination. The Property boasts exceptional accessibility, with Bendemeer and Lavender MRT Stations just 3 minutes and 12 minutes' walk away, respectively. It is easily accessible via major roads and expressways, including Lavender Street, Kallang Bahru, Serangoon Road, Bendemeer Road, Balestier Road, Central Expressway (CTE), and Kallang Paya Lebar Expressway (KPE). Being in the city fringe, the Property benefits from its close proximity to numerous lifestyle and entertainment destinations such as Singapore Sports Hub, Singapore National Stadium, Lavender, Clarke Quay and Chinatown. It is also less than 14 minutes' drive away from Singapore's Central Business District. Additionally, it enjoys a ready catchment pool from the nearby industrial buildings, as well as residential enclaves of Boon Keng and Kallang, and boutique hotels. With diverse food & beverage options, sports and entertainment facilities, the property currently maintains high occupancy rates, offering portential investors immediate rental income and the possibility of rental upside upon renewal. Under the URA Masterplan for Kallang, this property will enjoy more rejuvenation in the area. Contact Bonnie Tan 929.747.68 for more info * pictures for illustrations only. #kallang #bendemeer #retailspace #investmentproperty #lavender #rochor #crawford #bugis
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