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Key Facts

Eigentumsart Volleigentum
Gebäudefläche

Objektbeschreibung

JLL is pleased to present the opportunity to acquire Victory Point, a freehold mixed development comprising of 3 commercial units and 9 residential units strategically nestled within the Balestier Conservation Area. Nine mechanised carpark lots are also housed within the development. Completed in 2010, the property occupies a land area of approximately 3,463 square feet and has a gross floor area of about 10,609 square feet. Under the 2019 Master Plan, the site is zoned “Commercial & Residential”.

 

Fronting the bustling Balestier Road and Ava Road, the property has a prominent corner location commanding excellent visibility. Coupled with its coveted freehold tenure and central location, astute investors are presented with an exceptional opportunity to acquire a mixed-use development in an established F&B and rich cultural destination, with strong potential for capital and rental upside.

 

The property is for sale via Public Tender, closing 14 September 2020 (Monday), at 3.00 p.m.

Investment-Highlights

  • Mixed-use development
  • 2-storey with attic conservation shop-house with 6-storey rear apartment block
  • Prominent frontage; excellent visibility
  • Strong potential for co-living concept
  • Potential exit with strata sub-divisions for sale
Last Updated Date: 30 Jul 2020
Hong Boon Tan
Tan Hong Boon
Executive Director, Capital Markets
Lizenz details
R001322Z
Choon Fah Yong
Choon Fah Yong
Senior Director, Capital Markets
Lizenz details
R001321A
Last Updated Date: 30 Jul 2020

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