A Pair of Freehold Shophouses Along East Coast Road, 425 East Coast Road, Singapore, Singapore, 429012
A Pair of Freehold Shophouses Along East Coast Road, 425 East Coast Road, Singapore,
Price On Application
Property for Sale - Available Immediately
A Pair of Freehold Shophouses Along East Coast Road
Key Investment Highlights
• Freehold Tenure
• Limited Edition – Tightly held & Scarcely available for sale
Conserved shophouse with distinctive façade, unique charm, rich architectural heritage and historical value
• Rare F&B approval on the ground floor of 425 East Coast Road
Urban Redevelopment Authority (URA) has stopped issuing F&B license approval in the area.
Higher demand for shophouses with F&B approval and will likely benefit both the rental and capital value of the asset
• Prominent frontage along East Coast Road
Potential for building naming rights
• Value-Add Potential to increase the floor area
Option to maximize the un-utilized GFA from the existing 3,700 sq ft to 7,140 sq ft by building a new rear extension of up to 5 storeys to the maximum plot ratio of 3.0.
• Strategically located in the heart of Katong / East Coast area
High footfall in this area with famous restaurants, bars and localized shopping malls
Ready catchment of potential customers for retail cum F&B businesses
Tremendous growth at the nearby Paya Lebar sub-regional centre provides excellent potential for rental and capital appreciation
• Easy Accessibility
Numerous bus routes along East Coast Road, Telok Kurau Road and Still Road.
Near to several MRT stations such as Eunos MRT (EW7) and Kembangan MRT (EW6) as well as future Marine Terrace MRT (TE27).
Well-connected to 2 major Expressways – East Coast Parkway Expressway (ECP) and Pan-Island Expressway (PIE)
• Efficient Layout Plan and Site Configuration
• Versatile Usages
Equipped with water points and floor traps which allow versatile usages
• Single Ownership
Deal certainty for buyer
• Sale with Tenancy
Immediate rental income