Portfolio of strata-titled industrial units at CT Hub for sale at $17.2 mil
Located at a prime district, Orchard Boulevard Condo offers convenient accessibility to a wide range of amenities and facilities in the neighbourhood. It enjoys close proximity to esteemed educational institutions, strip malls, banks, bars, medical hubs and restaurants. Furthermore, public transportation is readily available along Orchard Boulevard and other nearby roads. Graced with a serene and tranquil environment, the condominium dwellers will be able to enjoy the exclusive lifestyle of the luxurious Orchard. It is also neighboured by national parks and reserves, providing fresh air and great nature for its residents. The vicinity of Orchard Boulevard Condo also houses several international schools, making it a desirable residential choice for expatriate families.
Situated in the fringe city-fringe area, CT Hub offers buyers the chance to acquire a sizable portfolio made up of prime strata industrial units in a mature industrial estate near the city centre. The portfolio of 12 strata-titled industrial units is up for sale at a guide price of $17.2 million and comes with direct access to the car park. The units are currently fully leased out to a music production and HR company for at least four years, yielding an annual rent of approximately $750,000.
Buyers of the portfolio will be able to potentially earn a yield accretive proposition even in the current, low interest rate environment. Additionally, the portfolio presents buyers with the flexibility to either exit the investment as a bulk or through individual strata sales.
Located near Bendemeer MRT Station on the Downtown line, CT Hub is an 11-storty, 99-year leasehold multi-user industrial space with retail that was completed in 2012. Zoned for “Business 1 – White” use, the development is serviced by five passenger lifts and two cargo lifts.
Overall, CT Hub presents buyers with the opportunity to acquire a sizable portfolio of strata industrial units in a mature estate near the city centre. The property’s proximity to the MRT station, in addition to its numerous amenities, makes it a highly attractive opportunity that is not to be missed.