2 storey HDB Shop House at Yishun Ave 6 for Sale
High Visibility. High Human Traffic from office and industrial estates
SELLING BELOW VALUATION !
Size 1472 sq ft
• Total size – 1472 square feet
1st floor – 657 square feet (approved for F&B use)
2nd floor – 815 square feet (HDB 3 room flat)
• Highly visible along Yishun Ave 6.
• Suitable for TCM, child care, education, clinic, beauty services, minimart.
• 1st floor was formerly F&B and a Thai minimart for last 10 years.
• 3 phase electricity available to 1st floor unit.
• 2nd floor unit is used as residential.
• Availability of car park lots nearby.
• Surrounded by 2 coffee shops, convenient stores, amenities, residential housing.
• High human footfall from offices and surrounding industrial estates.
• Selling vacant possession.
• Estimated rental of $6,000/mth. Attractive rental yield approx. 4%
• Recent Bank Valuation at $2,000,000.
• 99 years lease from 1988.
• No GST
Are you a HDB owner looking to upgrade to a condo ?
Or are you dreaming of owning a landed property ?
Use this HDB shop house as a stepping stone to realise your dream !
1. Sell your current HDB.
2. Instead of using your sale proceeds to buy a condo, which can easily cost you anything between $1.2m to $2m and incur a huge loan repayment ($4,000 to $7,000/mth), why not consider buying this HDB shophouse instead ?
3. You get income of $3,500/mth from leasing the commercial unit on 1st floor, while being able to live in the residential unit on the 2nd floor.
4. No other investment or dual key units can fetch you a rental of $3,500/mth yet provide you such a comfortable living space.
5. Imagine your monthly repayment decreasing from $6,000/mth to $2,500/mth (after taking account the rental income). At $2,500/mth, you will accumulate wealth much faster to purchase your next dream home.
Call Colin @ 93293333 for viewing appointments.