The Goodland Group has announced the sale of a prime commercial building, presenting an opportunity for investors and businesses alike. Located on the bustling Serangoon Road, this six-storey structure is being offered at a competitive price of $75 million. Its strategic position on one of Singapore's key thoroughfares makes it an attractive prospect for various commercial enterprises seeking a foothold in a vibrant neighborhood.
The building, with a total floor area of approximately 36,000 square feet, is designed to accommodate diverse business needs. Its flexible layout allows for a range of uses, from retail stores to office spaces, catering to both established companies and startups. The Goodland Group has highlighted the building's potential for generating significant rental income, underscoring its viability as a long-term investment.
With the ongoing development in the surrounding area, the property is expected to appreciate in value over time, adding to its appeal for prospective buyers.
Accessibility is a key feature of this commercial property. The building is well-served by public transportation, including nearby MRT stations and bus stops, making it convenient for customers and employees alike. The bustling environment of Serangoon Road offers a steady flow of foot traffic, further enhancing its attractiveness as a commercial location. This accessibility aligns well with the increasing demand for spaces in urban centers, where convenience is paramount for businesses aiming to attract clientele.
The Goodland Group, known for its commitment to quality and innovation, has emphasized the building's modern amenities and infrastructure. Equipped with essential facilities such as elevators, air conditioning, and ample parking space, the property meets the requirements of contemporary businesses.
The building's façade and interior design reflect a blend of functionality and aesthetic appeal, which can be customized by new owners to suit their branding and operational needs.
In addition to its commercial potential, the property is situated in a dynamic area characterized by a mix of residential and commercial developments. This urban synergy fosters a lively community atmosphere, making it an appealing location for businesses that thrive on high visibility and engagement with the local population.
Investors can benefit from the growth of surrounding amenities, including dining establishments, retail outlets, and recreational spaces, all contributing to an enhanced customer experience.
The sale of this commercial building represents a significant opportunity in Singapore's competitive real estate market. Prospective buyers are encouraged to consider the potential returns on investment, coupled with the strategic location and growing demand for commercial spaces in the area.
With the Goodland Group's reputation for excellence, this offering is set to attract attention from a wide array of investors looking to capitalize on the ever-evolving landscape of Singapore's commercial property sector. As the market continues to evolve, this building stands as a promising option for those ready to invest in the future of urban commerce.
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News Source: Edgeprop
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