Properties
Toa Payoh Central Corner two-storey HDB shophouse
Property Type: For Sale Category: Shophouse District: District 12 - Toa Payoh, Serangoon, Balestier Price: $5,880,000
Property Highlights
- Immediate Rental Income
- Located in Prime Matured HDB Estates
- High Footfall, High Visibility & Main Road Frontage
- Limited Supply & Resilient Nature Of Heartland Retail
Property Description
Rare corner HDB shophouse with prominent main road frontage – New Exclusive Listing For Sale!
This rare, corner, two-storey HDB shophouse commands prominent main road frontage and is located in the heart of 177 Toa Payoh Central.
This 78-year leasehold property has approximately 46 years remaining on its lease.
The subject property comprises a ~635 sq ft commercial unit on the ground floor and a ~710 sq ft residential unit on the upper floor.
The ground unit is currently tenanted and this would provide investors with a ready income. This property is available for sale with tenancy.
Being a corner unit, it features a double frontage with a front measurement of approx 8.5m – 9m +/-. These attributes provide flexibility and the potential to maximize rental income through further subdividing the units or converting them to alternative uses, subject to relevant authority approvals.
The unit is surrounded by HDB housing estates and is just a few minutes’ walk to the HDB Hub, Toa Payoh MRT station, and Toa Payoh Bus Interchange. There is also sheltered access to the MRT Station (Exit C) from the HDB block.
Location Description
Surrounded by HDB housing estates and located strategically within a few minutes’ walk to the HDB Hub, Toa Payoh MRT station, and Toa Payoh Bus Interchange, there is also sheltered access to the MRT Station (Exit C) from the HDB block. And for block 177 itself, it houses a diverse range of establishments & prominent brand names like Tai Wah Pork Noodles, King of Fried Rice, Kimage Hair Salon, including popular F&B outlets like Larder Cafe (operating there since 2016) & Soi Thai Kitchen.
The subject property is strategically located within few mins’ walk to the HDB Hub, Toa Payoh MRT Station (NS19), Bus Interchange, bus stops along the main road and ample carpark spaces. This provides excellent accessibility for business and its customers, as well as seamless connectivity for its employees. It is also located close to major expressways such as the Central Expressway (CTE) and the Pan Island Expressway (PIE), making it easy to travel to and from other
parts of Singapore
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