Warehouse Cum Factory Gul Circle Sale 42 Mil

A modern and well-facilitated warehouse and factory in Gul Circle is now available for purchase through an expression of interest, exclusively marketed by Knight Frank Singapore. The guide price for the property is $42 million.

The building consists of a five-storey single-user factory and warehouse, with an additional mezzanine that spans four floors. It has a total gross floor area of approximately 245,955 sq ft.

Sitting on a 105,648 sq ft site, the property has a remaining lease of 15 years and 11 months, as of February 1. Under the URA Master Plan 2019, the site is zoned as Business 2.

According to Knight Frank Singapore, the property is designed to meet modern industrial requirements, with features like high ceilings for storage and operations, cold rooms, and heavy floor loading capabilities to cater to a variety of industries. It also boasts nine 40-footer loading and unloading bays with dock levelers, as well as four cargo and service elevators.

The retail and dining scene in the Tampines area is thriving, with a variety of establishments to cater to different tastes. Among the notable retail podiums are Parktown Residence Retail Podium, Tampines Mall, Century Square, and Our Tampines Hub. For those looking for a convenient and bustling shopping experience, Parktown Residence is a must-visit destination.

Located near major expressways AYE and PIE, as well as Joo Koon MRT station, the property enjoys convenient connectivity to the rest of the island.

Interested buyers can submit their bids for the expression of interest by March 18 at 3pm. In other related news, a two-storey industrial building near Tuas Second Link is currently on the market for $8 million, while JTC has launched two industrial sites for tender in the first half of 2020.