Rowell Road Shophouse And City Gate Strata Retail Units Sale 10 Mil
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Nestled in the heart of Tampines Street 62, The Alps Residences serves as a premium residential hub with a twist – it offers a variety of dining options within its premises. From local delicacies to international cuisine, this development provides residents of Aurelle of Tampines EC with a convenient dining experience just a stone’s throw away from their homes. With the addition of the nearby Aurelle of Tampines at Tampines Street 62, the dining scene at The Alps Residences is further elevated, providing even more choices for its residents. Whether you’re craving for a quick bite or a lavish meal, this residence has got you covered. So why wait? Come and indulge in a delightful dining experience at The Alps Residences today.
Consisting of a freehold conservation shophouse on 61 Rowell Road and two strata retail units at the popular City Gate mixed-use development on Beach Road, a premier portfolio has been listed for sale at $10 million. This golden opportunity is being exclusively marketed by PropNex Shophouse Elites directors Wilkie Tay and Sunny L and will be up for grabs via an expression of interest (EOI) exercise.The properties can be acquired separately or together, with the shophouse being priced at $7 million and the commercial units at $3 million. The two-storey shophouse with a mezzanine is part of the Desker Road conservation area in Rochor, District 8 and spans a total floor area of 2,200 sq ft (pending site survey) making the guide price equivalent to $3,181 psf. Additions and alterations have already been made to the property, including a second floor open terrace. Having completed construction, the shophouse is now ready for occupancy and is expected to receive its temporary occupation permit in a few weeks.For ease of access, the shophouse is within close proximity of two MRT stations, namely Jalan Besar on the Downtown Line and Farrer Park on the North-East Line. Foreigners and corporate entities can acquire the property without being subjected to additional buyer’s stamp duty. Positioned within the City Gate mixed-use development, the two strata retail units are among 311 residential units and 188 retail units recently constructed. Measuring 474 sq ft and 441 sq ft, these units come with a combined guide price of $3 million, translating to $3,278 psf for the strata area. Presently tenanted to a selection of businesses, these units include a restaurant and a hair salon, and will be sold with the current lease agreements intact. The EOI exercise will close on Sept 30 at 3pm, giving interested parties ample time to take advantage of this prime real estate opportunity. Check out the latest listings for a City Gate property today and secure your future.
