A state-of-the-art warehouse and factory located at Gul Circle has been put up for sale through an expression of interest, with Knight Frank Singapore as the exclusive marketing agent. The guide price for this high-specification property is set at $42 million.
Situated on a 105,648 sq ft plot of land, the property offers a JTC leasehold five-storey single-user factory and warehouse, complete with a mezzanine consisting of four floors. With a total of 245,955 sq ft of gross floor area, the property is designed to meet the needs of modern industrial businesses.
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As of Feb 1, the site has a remaining lease of 15 years and 11 months. It is zoned as a Business 2 site under the URA Master Plan 2019, making it suitable for various industrial operations.
The warehouse cum factory is equipped with high ceilings, suitable for storage and operations, and comes with cold rooms and heavy floor loading capabilities, accommodating a wide range of industries. It also boasts nine 40-footer loading and unloading bays, complete with dock levelers, and four cargo and service elevators.
In terms of location, the property is well-connected to major expressways such as Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE), as well as Joo Koon MRT station.
The expression of interest exercise is set to close on March 18 at 3pm. With its prime location and modern facilities, this state-of-the-art warehouse cum factory presents a rare and attractive investment opportunity. Don’t miss your chance to be a part of this thriving industrial hub – contact Knight Frank Singapore for more information.
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