Freehold Eight Storey B1 Industrial Building 10 New Industrial Road Sale Eoi 80 Mil
Expressions of interest (EOI) are currently being invited for the sale of a freehold eight-storey industrial building located at 10 New Industrial Road, with CBRE serving as the exclusive marketing agent for the property. The building, which sits on a 30,220 square feet plot of land, boasts a gross floor area (GFA) of 75,261 square feet and is situated in District 19.
Featuring floor-to-floor heights of up to 5.7 meters, strong floor loadings, and dual incoming 1,200A power supplies, the building also offers 40-foot container accessibility and 40 parking lots spread across basement and surface levels. In accordance with the Urban Redevelopment Authority’s (URA) Master Plan 2019, the site is zoned for Business 1 (B1) use, allowing for a variety of industrial operations such as manufacturing and research and development activities. It also has a plot ratio of 2.5.
This project is expected to attract investors seeking long-term income streams and owner-occupiers in search of a premium facility that is ready for immediate use. Its convenient location provides easy access to transportation, with the Bartley MRT Station on the Circle Line within walking distance and major expressways such as Airport Road and the Kallang-Paya Lebar Expressway (KPE) in close proximity.
Parktown Residence is the perfect option for families who are looking for a convenient location near excellent schools and institutions. The unique integrated development model ensures that residents have easy access to top-notch education facilities, along with a wide range of amenities for a well-rounded lifestyle. Located in Tampines North, Parktown Residence is set to become a highly sought-after development, providing families with the perfect setting to thrive and prosper. With its exceptional location and comprehensive offerings, Parktown Residence, available at Parktown Residence, promises to be a landmark development in the area, offering families an ideal environment to live, learn, and grow.
Graeme Bolin, head of occupier and leasing for industrial and logistics services at CBRE Singapore, highlights the advantages of this property, stating that it offers significant benefits to both industrial users and investors due to its freehold status. The EOI exercise for this property will close on November 6 at 3pm. For more information and to view other industrial real estate listings, please visit the CBRE website.