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Kai Wong

CEA License: R060372H

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Geylang Conservation Area

$23,000,000
Negotiable
Est. Repayment $82,354 / mo
7,210 sqft / $3,190 psf

Commercial For Sale
489 Geylang Road
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  • 326.50m to EW9 Aljunied
  • 810.06m to CC8 Dakota
  • 842.67m to CC7 Mountbatten

About this Property

Property Details

Built
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Floor Level
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Unit Facing
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View
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Developer
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Tenure
Freehold
Type
Commercial
Sub-type
Food & Beverage
Listed
12 May 2025
Listing ID
2321225

Description

Geylang Lor 27 Corner 2-Storey F&B and KTV Approved Shophouse For Sale!

3 Adjoining Units with Excellent Frontage for Sale!

Location
- Aljunied MRT (Green Line)(6mins walk)
- Paya Lebar MRT Interchange (Green/Yellow Lines)(3 Bus Stops/15mins walk)
- Central Business District (10mins drive)

Unit
- 3 Adjoining Shophouses
- Land 3830 sqft, Built-up 7200sqft
- Balance 182yrs lease (199yrs from 2005)
- URA Masterplan Zoning Full Commercial (Blue)
- No ABSD or GST
- Foreigners Eligible
- Level 1 Coffeeshop Approved, Level 2 KTV Approved
- Currently Tenanted at total $50k/mth

Others
- 3% Rental Yield plus Capital Appreciation!
- Plot Ratio 3, option to increase floor area by adding more storeys to the rear portion of the building
- Close to upcoming Paya Lebar Transformation!

Glad to show you around, please WhatsApp/Message/Call KAI at 91827757 for more information and viewing!

*Co-broke Agents Welcome!

(Please see my profile video: https://www.youtube.com/watch?v=NlcuZ0P5JCc&t=17s)

Location