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

J Gateway Project Details

Found in the city fringe, Delta House is within 700m strolling range to Tiong Bahru MRT station, near Tiong Bahru Plaza, Valley Point and also Great World City. It’s just a seven-minutes’ drive to the CBD.

The unit occupies close to 65% of the entire flooring, as Park Hill well as represents about 10% of the total strata location and total share worth at Delta House. The seven-storey flatted manufacturing facility has a preschool on the initial floor, with upper stories housing production spaces, storehouses as well as supplementary workplaces.
The sale is subject to existing tenancies with staggered lease expiry days. According to Zeng, the supplier plans to rent back most of the space that it’s occupying. The system has windows on three sides, straight traveler and also freight lift accessibility as well as 8 scheduled parking spaces.

JLL’s Zeng anticipates to see interest from both financiers and also industrialists provided the scarcity of property strata devices in the city fringe. Customers may also explore strata partitioning the whole lot, subject to authorities’ authorization.

A property strata industrial unit at Delta House, situated along Alexandra Road, is on the marketplace up for sale by exclusive treaty with JLL as the special advertising agent. The a measure price for the system with a strata location of 23,562 sq ft is $30 million or $1,237 psf, says Victor Zeng, JLL Singapore supervisor of resources markets.