Prime Industrial Building for Sale on Alexandra Road: A Lucrative Investment Opportunity
Prime Location on Alexandra Road
Are you in search of a prime investment opportunity in the real estate market? Look no further! 243 Alexandra Road, a six-storey freehold light industrial building, has just been launched for sale at $68 million. This modern development, completed in 2020, offers an impressive array of features, including factory units, ancillary office space, a basement car park, and a communal roof terrace. Located along the well-connected Alexandra Road corridor and within walking distance of Redhill and Queenstown MRT stations, this property presents an ideal location for businesses. In this article, we will explore the highlights of this industrial building and why it is a lucrative investment option for aspiring investors.
Modern and Versatile Facilities
One of the major highlights of the 243 Alexandra Road building is its prime location. Situated along the bustling Alexandra Road corridor, this property offers excellent connectivity and accessibility. With Redhill and Queenstown MRT stations just a short walk away, businesses operating in this building can enjoy seamless transportation for their employees and clients. The strategic location also provides easy access to major expressways, making it convenient for logistics and distribution companies. This prime location ensures that businesses can thrive and attract a large customer base.
Excellent Connectivity
The 243 Alexandra Road building boasts modern and versatile facilities, making it an attractive choice for businesses seeking a functional space. The development features factory units that can accommodate various industries, from manufacturing to warehousing. The ancillary office space provides a professional and comfortable working environment for businesses. Additionally, the basement car park ensures ample parking space for employees and visitors. The communal roof terrace offers a pleasant space for relaxation or social gatherings. These well-designed facilities cater to the diverse needs of businesses, enhancing productivity and efficiency.
Potential Rental Income
With its location along Alexandra Road, the 243 Alexandra Road building offers excellent connectivity to various amenities and services. The nearby Redhill and Queenstown MRT stations provide seamless access to the rest of Singapore, allowing employees and clients to commute easily. The well-connected road network and proximity to major expressways such as the Central Expressway (CTE) and Ayer Rajah Expressway (AYE) enable efficient transportation of goods and services. Furthermore, the surrounding area is home to a wide range of amenities, including shopping malls, eateries, and recreational facilities. This excellent connectivity ensures convenience and accessibility for businesses and their employees.
High Demand in the Industrial Sector
Investing in the 243 Alexandra Road building offers the potential for attractive rental income. The property comprises factory units and ancillary office space, which can be leased to businesses from various industries. The demand for industrial spaces in Singapore remains high, driven by the growth of sectors such as manufacturing, logistics, and technology. This high demand translates into steady rental returns for investors. Additionally, the modern facilities and prime location of the building make it an appealing choice for businesses, increasing the likelihood of securing tenants and achieving competitive rental rates.
Future Appreciation and Capital Gain
The industrial sector in Singapore is experiencing high demand due to the country's strong economic growth and favorable business environment. As a global business hub, Singapore attracts multinational companies and startups alike, creating a vibrant and competitive industrial landscape. The 243 Alexandra Road building positions investors to capitalize on this demand, as it offers a modern and well-equipped space for businesses to thrive. With the potential for long-term growth in the industrial sector, investing in this property presents an opportunity for capital appreciation and steady returns.
Strong Economic Growth and Job Opportunities
The 243 Alexandra Road building holds the potential for future appreciation and capital gain. Singapore's real estate market has shown resilience and stability over the years, making it an attractive investment destination. As the surrounding area continues to develop and grow, the value of properties in this prime location is likely to increase. The modern features and versatile facilities of the building further enhance its potential for capital gain. By investing in this property, investors can position themselves to benefit from the future appreciation of the real estate market and potentially secure a lucrative return on investment.
Tax Incentives for Industrial Property Owners
The surrounding area of the 243 Alexandra Road building offers additional investment opportunities. With its proximity to major business hubs and transportation nodes, this location is highly sought after by businesses. As the area continues to develop, there is a growing demand for commercial and residential properties, presenting opportunities for investors to explore. The availability of tax incentives for industrial property owners adds another layer of attractiveness to investing in this area. These investment opportunities in the surrounding area complement the value and potential of the 243 Alexandra Road building, making it a compelling choice for aspiring investors.