Suntec office units are highly sought after by local and overseas investors as well as owner occupiers (companies buying for own use).
There is now an opportunity to acquire an office space that has been subdivided and fully leased to three tenants. The units enjoy stable rental income, views of Fountain of Wealth as well as lift lobby frontage.
This unit is attractively priced to sell and the rental is good. As such, the investor/owner occupier can expect gross rental yield of 3.8% and more.
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- Office Building: Suntec
- Tenure: 99 Years from 1989
- Transaction: Strata Title Sale
- Size: Approx. 365 sqm / 3,929 sqft
- Price: $9.5 Million ($2.418 psf) negotiable
- Sale Basis: With tenancy
- Gross Rental Yield: From 3.8%