Freehold Conservation Commercial Shop in Tiong Bahru estate

**Currently leased to a medical Clinic
**Sale with tenancy

1. Prime Location in Tiong Bahru
Situated in the heart of Tiong Bahru, one of Singapore's most sought-after heritage neighborhoods, Yong Siak Street benefits from high foot traffic and a vibrant community. The area is renowned for its blend of traditional charm and modern amenities, attracting both locals and tourists. The shophouse is conveniently located approximately 570 meters from Havelock MRT station, enhancing its accessibility.

2. Freehold Tenure
The property boasts a freehold tenure, a rarity in Singapore's real estate market. This offers investors perpetual ownership, providing long-term security and potential for capital appreciation.

3. Strong Rental Potential
With a floor area of approximately 1,453 square feet and a ceiling height of around 3.5 meters, the shophouse is suitable for various commercial uses, including retail and food & beverage outlets. Its location amidst a cluster of popular cafes and boutiques enhances its appeal to potential tenants, promising steady rental income.

4. Limited Supply of Strata Commercial Spaces
Strata-titled commercial spaces in Singapore are limited, especially in prime districts like Tiong Bahru. This scarcity can lead to higher demand and, consequently, potential capital gains over time.

5. Favorable Investment Climate
Singapore's stable political environment, robust legal framework, and pro-business policies make it an attractive destination for property investment. The government's support for foreign investment further enhances the potential for property value appreciation.

In summary, the commercial shophouse at Yong Siak Street offers a unique blend of heritage charm, strategic location, and strong investment fundamentals, making it a noteworthy consideration for investors seeking stable and potentially lucrative opportunities in Singapore's real estate market.

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