In the vibrant city of Singapore, where real estate is always on the move, a notable transaction has recently caught the attention of investors and property enthusiasts alike. The news of a commercial unit at Balestier Point hitting the market with a price tag of $10 million has sparked curiosity and discussions within the real estate community. In this comprehensive article, we delve into the details of this high-value offering, exploring its features, location, potential, and answering the most pressing questions about this lucrative property opportunity.
The Hillshore brochure is poised to become an architectural marvel. It boasts a plot ratio of 1.4, culminating in a spacious gross floor area of 64,039 sq ft (excluding the balcony).
The Prime Location of Balestier Point
A Strategic Hub
Balestier Point, strategically situated in the heart of Balestier, is a coveted commercial property known for its prime location. With its proximity to key amenities, businesses, and transport links, it’s an area that has always been in high demand.
Accessibility and Connectivity
One of the standout features of Balestier Point is its excellent connectivity. The property enjoys easy access to major roads and expressways, making it convenient for both customers and business operations. This accessibility is a crucial factor that enhances the property’s value.
Surrounded by various attractions, including shopping malls, dining establishments, and recreational spots, Balestier Point offers a bustling environment that can benefit a wide range of businesses. Its location within a vibrant neighborhood adds to its allure.
A Closer Look at the Commercial Unit
Size and Layout
The commercial unit in question boasts a generous floor area, making it suitable for various business purposes. Its well-thought-out layout allows for efficient space utilization, providing flexibility to potential occupants.
Investors will appreciate the modern amenities within the property. With state-of-the-art facilities and infrastructure, this unit is ready for immediate use, minimizing the need for extensive renovations.
The $10 million price tag may seem substantial, but it reflects the property’s investment potential. With the right business model and strategic planning, the returns on this investment could be substantial in the long run.
Frequently Asked Questions (FAQs)
1. What is the exact size of the commercial unit?
- The commercial unit at Balestier Point offers a generous floor area of approximately [insert size] square feet.
2. Are there any nearby public transportation options?
- Yes, the property enjoys excellent connectivity with nearby bus stops and MRT stations, making it easily accessible for both customers and employees.
3. Can the unit be customized to suit specific business needs?
- Absolutely, the unit’s flexible layout allows for customization to meet the unique requirements of various businesses.
4. What are the neighboring businesses in the area?
- Balestier Point is surrounded by a diverse range of businesses, including retail outlets, restaurants, and offices, creating a dynamic commercial environment.
5. Is financing available for potential buyers?
- Prospective buyers can explore financing options with local banks and financial institutions to facilitate the purchase.
6. What is the expected rental yield for this property?
- The potential rental yield can vary depending on the type of business and market conditions, but it’s a factor worth considering for investors.
The sale of the commercial unit at Balestier Point for $10 million presents an exciting opportunity for investors and entrepreneurs looking to establish a presence in a prime location in Singapore. Its strategic position, modern amenities, and investment potential make it a property worth exploring. With a range of nearby attractions and excellent connectivity, this property offers the promise of a thriving business venture. For those seeking a foothold in the dynamic world of Singaporean real estate, Balestier Point may just be the answer. Don’t miss the chance to be a part of this lucrative opportunity.