Strata industrial unit at Delta House on the market for sale and lease back at $30 mil

Located in the city fringe, Delta House is within 700m strolling distance to Tiong Bahru MRT terminal, near Tiong Bahru Plaza, Valley Point as well as Great World City. It’s simply a seven-minutes’ drive to the CBD.

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The system inhabits close to 65% of the entire flooring, as well as represents concerning 10% of the total strata area as well as total share worth at Delta House. The seven-storey flatted manufacturing facility has a preschool on the initial floor, with upper stories real estate production areas, storage facilities as well as secondary workplaces.
The sale is subject to existing occupancies with staggered lease expiration days. According to Zeng, the vendor plans to rent back a lot of the area that it’s inhabiting. The system has home windows on 3 sides, straight passenger and also cargo lift accessibility as well as 8 scheduled parking spaces.

JLL’s Zeng expects to see passion from both investors and manufacturers offered the scarcity of freehold strata units in the city fringe. Buyers might additionally discover strata partitioning the great deal, subject to authorities’ authorization.

A freehold strata industrial system at Delta House, located along Alexandra Road, gets on the market for sale by exclusive treaty with JLL as the unique advertising agent. The a sign cost for the unit with a strata area of 23,562 sq ft is $30 million or $1,237 psf, says Victor Zeng, JLL Singapore supervisor of capital markets.

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