Two adjoining terraces at Chiap Guan Avenue up for sale
A set of 999 year rent period bungalow at Eighteen along with 20 Chiap Guan Ave has recently gotten offered using tender, announced promoting and marketing specialist Colliers Int’l.
Positioned within the landed property section of Kovan, the estates– that make up an indifferent plus corner patio– carry a merged spot surface area of 4thousand 7hundred 44 square ft, with a total frontage of Sixteen metre. At this time, the two premises in District Nineteen are uninhabited.
Colliers registered that the site is marked for “Residential utilization” within the 2019 Master Plan with a parcel ratio of 1.4 plus a highness control of up to 5 storeys.
Alongside Serangoon Mass Rapid Transit Terminal as well as Kovan MRT terminal in convenient proximity, the properties are furthermore available via key roads also expressways, consisting of YCK Road, Upp S’goon Road, PIE and Kallang Paya Lebar Expressway.
Retails buildings for example, NEX, Heartland Mall, also Chomp Food Centre happen to be merely five minutes’ drive off out of the properties, whilst surrounding colleges feature Australian International School, Rosyth School, CHIJ Our Lady of Good Counsel and IFS.
“This opportunity offers investors the opportunity to rebuild the terraces for both self lodge which is very most suitable for multi-generational family members who want to reside around one another; or alternatively for investment option later on, given that the lessee industry group is buoyant within this neighborhood because of its own proximity to neighboring international institutions,” said Steven Tan, ED of Inv Services at Colliers Int’l.
The offer for 18 and also 20 Chiap Guan Avenue wraps up on 26 Aug.