For Sale  -  199071 (D07)

S$ 14,999,999  View to Offer    

Hostel consists of is 2 shop houses, comprising of 29 rooms that is fully furnished with proper facilities.

Shophouse 1:
- Freehold
- Corner Unit
- Concrete Flooring
- Built in 2010
- Basement : 44.95 sqm
- 1st Floor : 77.04 sqm
- 2nd Floor : 96.1 sqm
- Attic(3rd) : 96.1 sqm
- Total Gross Area : 314.19 sqm
- Size Area : 314.19 sqm
- Plot Ratio : 3.23

Shophouse 2:
- Freehold
- Timber Flooring
- Newly Built in 2012
- 1st Floor : 58.85 sqm
- 2nd Floor : 54.18 sqm
- 3rd Floor : 17.22 sqm
- Total Gross Area : 130.25 sqm
- Size Area : 64.5 sqm
- Plot Ratio : 2.0193

- Located along Jalan Pinang, off Victoria Street and North Bridge Road, within Kampong Glam Conservation Area. It is within the Central Business District (CBD)

* 1st A & A was done in 2015
* Licensed Small Hotel
* Approved floor plans
* 29 bedrooms + 1 community room and 3 store rooms, all rooms are fully air conditioned
* 4 Common Toilets and 3 Shower Rooms
* Ground floor reception
* Number of beds: 90 beds
* Designed capacity : 90 persons

Gross Land Size : 1740 Sqft
Gross Floor Area: 4800 Sqft

Can Be Converted to full Hotel.

Valuation (2013): $12,300,000
Annual Operational Revenue / Annual Rental about $400,000.

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    Property Information

    Development Name:
    199071
    Property Type:Land with Building / En-bloc
    Tenure:Freehold

    Location

    Jalan Pinang
    Singapore 199071
    Nearest MRT Station
    • EW12 Bugis MRT Station (0.41 km)
    • DT22 Jalan Besar MRT Station (0.45 km)
    • DT14 Bugis MRT Station (0.5 km)

    Nearest Schools
    • Stamford Primary School (0.19 km)
    • Pusat Pendidikan Azhar (0.2 km)
    • Hong Wen School (0.39 km)

    Contact Agent about This Listing

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    Tony Hanson
    Group Director
    PROPNEX REALTY PTE LTD
    tonyhan8@gmail.com
    CEA Licence No.:
    L3008022J / R017400B
    +(65) 9116 6668