A prime investment opportunity awaits with a factory building for sale at Tagore Lane. Listed by Privilege Motors, this rare freehold property is attracting attention due to its strategic location and unique features. Priced at $23.8 million, the building is poised to be an appealing option for investors and businesses looking to establish or expand their operations in the region.
The factory building sits on a substantial plot of land, providing ample space for various industrial uses. Its design includes high ceilings and large open areas that can accommodate heavy machinery and production lines. The flexibility of the layout allows potential buyers to tailor the space to their specific needs, whether they are engaged in manufacturing, warehousing, or logistics.
One of the most significant advantages of this property is its freehold status. Unlike leasehold properties, which can come with expiration dates and renewal uncertainties, a freehold property offers permanent ownership, ensuring long-term stability for investors. This aspect greatly enhances its value, particularly in a competitive market like Singapore's, where industrial properties are increasingly sought after.
Moreover, the location of Tagore Lane is a pivotal selling point. Situated within a thriving industrial estate, the area benefits from excellent connectivity to major expressways and transport hubs. This accessibility is a crucial factor for businesses that rely on efficient logistics and distribution networks. Proximity to key amenities, such as suppliers and customers, further enhances the appeal of this factory building.
Privilege Motors has positioned this property not just as a factory but as a strategic asset for companies looking to leverage its potential. With the rising demand for industrial spaces in Singapore, particularly in sectors like logistics and e-commerce, investors may find this listing particularly timely. The ongoing developments in the region further promise to bolster property values, making this an opportune moment for interested parties to consider.
In terms of features, the factory building includes essential utilities such as three-phase power, loading bays, and sufficient parking space for employees and visitors. Such amenities are crucial for operational efficiency and can significantly impact a company's productivity. The presence of these facilities positions the property as a ready-to-use solution for businesses without the extensive lead time required for customization or construction.
As the industrial landscape in Singapore evolves, opportunities like this factory building on Tagore Lane become increasingly rare. The combination of freehold ownership, strategic location, and inherent flexibility makes it a compelling option for discerning investors. With significant growth projected in various sectors, acquiring such a property could yield substantial returns in the long run.
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News Source: Edgeprop
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