Listing ID: 24394 Date Closed: 10/05/2022 Total Views: 2426
Rarely Available !
This is not a Business for Sale.
Established Service Apartments for Lease in the West area. 8 mins walking distance to MRT, the Service Apartments consist of 23 apartments and 9 rooms. It comes with complimentary swimming pool and gym facilities. There are food court, Jap restaurant, supermarket, cafe and other F&B outlets in the vicinity.
The current occupancy rate is 100% (est 50% of tenants are students with long-term contracts)
The owner is busy managing its core business (in construction) and is keen to look for an operator to lease the premises.
Monthly rent $55k
Takeover fee $60k (for renovation)
This is not a Business for Sale, thus no financials will be available for clients to review. "Newbies" pls don't ask "ROI" related questions. Thanks !
Experienced operators preferred.
Interested clients pls call / whatsapp Vincent @ 90670575 for a vieiwing. Thanks !