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

An estate strata industrial device at Delta House, situated along Alexandra Road, gets on the marketplace to buy by private treaty with JLL as the exclusive advertising representative. The a measure rate for the system with a strata area of 23,562 sq ft is $30 million or $1,237 psf, says Victor Zeng, JLL Singapore director of resources markets.

Canninghill Piers Showflat

The unit inhabits close to 65% of the whole flooring, and stands for concerning 10% of the total strata location and total share worth at Delta House. The seven-storey flatted factory has a preschool on the first floor, with upper stories housing manufacturing spaces, storehouses as well as secondary workplaces.
The sale is subject to existing occupancies with staggered lease expiry dates. According to Zeng, the vendor prepares to rent back a lot of the space that it’s occupying. The device has windows on three sides, direct guest and cargo lift access along with 8 scheduled garage.

JLL’s Zeng expects to see passion from both industrialists and capitalists provided the scarcity of property strata systems in the city fringe. Buyers may likewise check out strata partitioning the whole lot, subject to authorities’ approval.

Located in the city edge, Delta House is within 700m walking 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.

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