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Today is Oct 29, 2020
Lim Lek Boon Gary
https://m.me/propertygosg
PROPNEX REALTY PTE LTD
CEA Licence No.:
L3008022J / R009877B

garylim.propnex@gmail.com
Call (+65) 9450 7545

For Sale - Atrix (D14)

S$ 5,490,000  Negotiable   |  S$ 833.33 psf  |  6,588 sqft (612.04 sqm) 

Bulk Sale. Call for more information.

1) Premium Units.
Selling All the 4 units ramp up units together
Direct access from the carparks to the unit.
Majority unit for sale is on the 5th and 6th Floors. Non Ramp up. is already going at $900psf.

2) Rare and Attractive Pricing
Hardly you can find any Freehold within 3years old Industrial
selling at below $1000psf.

3) Upside Potential
In Atrix, Ground floor units are going at $1200-$1300psf.
4units are selling at 30% lower.
Ground floor units was sold at $1100psf in Yr 2011.

4) Expect High Rental Yields.
Averagely the units now are having 3% Rental Yields. The
Current Rental yields are lock-in based on the TOP rental
Price. Usually lower because it is rented as bare unit.

Latest rental price is $2.30psf I have just rented a unit May
2015 1722sqft at $4,000/mth before gst.
So minimum rental based on $2.30/psf x 6588sqft =
15,152/mth.

5) Comparison other similar properties.

AZ Paya Lebar Average price $1200psf. (0.13m to
Macpherson MRT) Circle Line MRT
Oxley Bizhub 1/2 Average price $650psf-$800psf 55 years
remaining. Far distance to Tai Seng MRT.

6) Ready Rental Income. To be Sold with tenancy.
Earliest lease expiry is in Dec 2015. When the new landlord
can revise the rental.

7) No ABSD

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    Property Information

    Development Name:
    Atrix
    Property Type:Light Industrial (B1)
    Developer:Hafary Pte Ltd
    Tenure:Freehold
    Completion Year:2013

    Location

    82, Lorong 23 Geylang
    Singapore 388409

    Nearest MRT Station


    • EW9 Aljunied MRT Station (0.14 km)
    • DT25 Mattar MRT Station (1.1 km)
    • DT24 Geylang Bahru MRT Station (1.23 km)

    Nearest Schools


    • Geylang Methodist School (0.26 km)
    • Macpherson Primary School (0.85 km)
    • Kong Hwa School (0.98 km)

    Contact Agent about This Listing

    Yes, keep me posted on new launches, property digest and partner offers
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