Listing Id: 3184
Total Views: 14095
(Sold) Profitable Investment Company With 4 Unit Of Properties For Sales
Singapore
Date Closed: 05/09/2017
Asking Price: S$5,500,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
N/A
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$211,200
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Liability
N/A
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Gross Profit
S$129,594
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Net Profit
S$50,638
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Investor
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Staff
N/A
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Established
2011
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Source
Direct Seller
Reason For Sale
Retirement
Description
1 man show to manage millions $ business.
Profitable investment company with 2 HDB shop house, 1 residential unit, and 1 (B2) factory unit is up for sale.
We have a good track record of all 4 units being rented out, generating an annual income of $211,200.
Good rental returns and high potential capital appreciation as the properties are all situated in prime locations with high Density populated area.
This is a rare opportunity to own HDB shop houses and 2b industrial properties without the need top pay high stamp duties as compared to individual purchases. Just buy over existing shares of the company and avoid hassles with HDB inspection and collect rental return immediately.
HDB had stopped building shop houses for sale except for resettlement cases only.
MOM's new regulation on Foreign Worker's Address registration is in our favour as our residence is under commercial unit.
There is not much B2 industrial unit in the modern ramp up factory. Our unit is only (B2) block in that area, the rest are B1.
France