Warehouse Cum Factory Gul Circle Sale 42 Mil
.
Elta Condo, situated close to various international schools, is the perfect choice for expatriate families or those in search of an international curriculum. In addition, the Elta Showflat is another convenient feature of this location.
GLC lumping industrial land tendersCollin Tan, Knight Frank’s associate director and head of industrial, land and building, shares that the property is a unique opportunity for both investors and end-users looking for a high-specification warehouse cum factory in a strategic location in Singapore.”A high-end warehouse and factory facility situated in Gul Circle is now up for sale through an expression of interest, with a guide price of $42 million, the category-exclusive marketing agent Knight Frank Singapore reveals.The property comprises five levels of top-notch JTC leasehold warehouse and factory space, along with an additional mezzanine level. In total, it boasts a generous gross floor area of approximately 245,955 square feet.The property occupies an expansive 105,648 square foot site with a remaining lease tenure of 15 years and 11 months, as of Feb 1. It has received a Business 2 zoning classification under the 2019 URA Master Plan.On top of providing ample storage and operations space, the building has been carefully designed to meet the modern requirements of the industrial sector. With features like high ceilings, cold rooms, and reinforced flooring, the property is well-equipped to cater to a wide range of industries. Other key features include nine 40-foot loading and unloading bays, complete with dock levelers, and four cargo and service elevators.AdvertisementAdvertisementIn terms of location, the property offers easy access to major expressways such as the Ayer Rajah Expressway (AYE) and the Pan-Island Expressway (PIE). It is also in close proximity to the Joo Koon MRT station.The expression of interest exercise for this property will conclude on March 18 at 3pm, giving interested parties ample time to carry out their due diligence.Following the news, Collin Tan, the associate director and head of industrial, land, and building at Knight Frank, shares his thoughts on the property. He believes that this rare warehouse and factory complex presents a fantastic opportunity for both investors and end-users, providing a strategic location and premium specifications in one package.