SINGAPORE: A high-end warehouse and factory situated in Gul Circle is available for purchase through an expression of interest with an asking price of $42 million, as announced by Knight Frank Singapore, the exclusive marketing agent for the property.
The property, which is a five-storey single-user factory and warehouse on a JTC leasehold, includes a mezzanine with four floors and boasts a total gross floor area of approximately 245,955 sq ft. Sitting on a 105,648 sq ft site, the property still has a remaining tenure of 15 years and 11 months, as of February 1. It falls under the Business 2 zone according to the URA Master Plan 2019.
Knight Frank Singapore highlights that the property has been designed to cater to modern industrial needs, with features such as high ceilings for storage and operations, cold rooms, and heavy floor loading abilities that can accommodate various industries. The property also boasts nine 40-footer loading and unloading bays with dock levelers, as well as four cargo and service elevators.
This prime property is strategically situated near major expressways like the Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE), as well as the Joo Koon MRT station. This makes it easily accessible and convenient for transportation of goods and employees.
The expression of interest for this property will close on March 18 at 3 pm. Take advantage of this opportunity and make your business operations more efficient and effective by investing in this top-of-the-line warehouse cum factory.