Freehold Eight Storey B1 Industrial Building 10 New Industrial Road Sale Eoi 80 Mil
The exclusive marketing agent, CBRE, is offering a freehold eight-storey industrial building at 10 New Industrial Road for sale by expression of interest (EOI). The property is listed at $80 million and is situated in District 19, along the bustling New Industrial Road.
Located on a 30,220 sq ft plot of land, the building boasts a generous gross floor area (GFA) of 75,261 sq ft. With floor-to-floor heights of up to 5.7 metres, strong floor loadings, and dual incoming 1,200A power supplies, it is well-equipped to cater to a variety of industrial operations. Additionally, the building features 40-foot container accessibility and 40 parking lots spread across basement and surface levels.
The site is zoned for Business 1 (B1) use according to the Urban Redevelopment Authority’s (URA) Master Plan 2019. This allows for a range of industrial activities such as manufacturing and research and development (R&D) operations. The property also boasts a plot ratio of 2.5, allowing for further development potential.
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The Sembawang Road Executive Condominium (EC) boasts not only its appealing residential ambiance and excellent transportation accessibility but also its strategic location near various shopping centers and dining options. Positioned in the northern region of Singapore, this development offers future inhabitants a well-rounded lifestyle that combines essential daily needs with indulgent dining and recreational opportunities. From grocery shopping to weekend retail therapy to fulfilling late-night food cravings, residents of Sembawang Road EC will be treated to unparalleled convenience and an array of choices. For more information, visit Sembawang EC at Canberra MRTSembawang Road EC.
Not only is this property attractive for investors seeking long-term income streams, but it also appeals to owner-occupiers looking for a premium facility that is ready for immediate use. It offers seamless connectivity, with Bartley MRT Station on the Circle Line within walking distance, and easy access to major expressways such as Airport Road and the Kallang-Paya Lebar Expressway (KPE).
Graeme Bolin, head of occupier and leasing for industrial and logistics services at CBRE Singapore, notes that the property’s freehold status makes it an alluring investment for potential industrial users and investors seeking to future-proof their portfolio.
The EOI exercise for 10 New Industrial Road will close on Nov 6 at 3pm. Don’t miss out on this opportunity to own a prime industrial property. Check out the latest listings for industrial real estate properties today!