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

A property strata commercial system at Delta House, situated along Alexandra Road, gets on the marketplace available for sale by exclusive treaty with JLL as the unique marketing agent. The a measure rate for the unit with a strata location of 23,562 sq ft is $30 million or $1,237 psf, states Victor Zeng, JLL Singapore supervisor of capital markets.

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

JLL’s Zeng anticipates to see interest from both investors as well as manufacturers provided the scarcity of estate strata units in the city edge. Customers may also discover strata subdividing the whole lot, subject to authorities’ authorization.

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The device inhabits near to 65% of the whole flooring, as well as stands for concerning 10% of the total strata location and overall share value at Delta House. The seven-storey flatted factory 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 tenancies with staggered lease expiration days. According to Zeng, the vendor intends to lease back the majority of the room that it’s occupying. The unit has home windows on 3 sides, straight passenger and also cargo lift accessibility in addition to eight reserved parking spaces.