B2 Industrial Site at Penjuru Road With Jetty opposite Jurong Port Available for sale at $20 mil
A B2 commercial website at 42H Penjuru Road in Jurong is up for sale via personal treaty with a measure rate of $20 million, according to marketing representative CBRE. The site, which determines 155,313 sq ft, currently features a single-storey storehouse, a three-storey supplementary office, and also an open lawn. It likewise has straight accessibility to a committed jetty. The land premium for both the website and also jetty has been paid upfront.
The storage facility measures about 20,000 sq ft as well as features a 14.9 m ceiling height, with a flooring loading of 30 to 40 kilonewton per sqm. It connects directly to the yard room with multiple overhanging crane components ranging from 20 to 50 tones, which assists in the loading and also storage of hefty goods and also outsized freight. In total, the growth has a gross flooring location of 102,231 sq ft. There are also 13 parking lot lots offered.
Residents of the Reserve Residences Enjoy Easy Access to Natural Attractions Such as the 82-Hectare Bukit Timah Botanic Gardens
Residents of The Reserve Residences enjoy easy access to natural attractions such as the 82-hectare Bukit Timah Botanic Gardens. The vicinity of the nature reserve enhances the ambiance of this residential project. With the help of convenient public transportation, residents can easily access the CBD and the upcoming Bugis Interchange. Other attractions in the vicinity include the ruins of a former monkey sanctuary.
The Reserve Residences is located in the upmarket Bukit Timah neighbourhood. It is close to nearby amenities such as Bukit Timah Shopping Centre and Pei Hwa Presbyterian Primary School. It is also located near an MRT station, the Beauty World. Moreover, the Reserve Residences is within walking distance to various amenities such as parks and nature trails. It is planned for completion in 2021.
The Reserve Residences is near the Beauty World MRT station, providing seamless access to the Downtown Line. The Reserve Residences also features various transport facilities, such as the Bukit Timah Nature Reserve, Bukit Timah MRT, and the Rail Corridor. Its location makes it an excellent investment. It is also close to the Clementi Road, Bukit Timah Road, and Dunearn Road.
The site has a continuing to be tenure of 30 years with effect from Jan 22, 2009. It has a story ratio of 1.0, which means the new owner can possibly enhance the built-up area to 155,313 sq ft. Meanwhile, the jetty determines 6,535 sq ft and also has a staying tenure of 25 years with impact from Jan 21, 2014.
42H Penjuru Road is located within close closeness to PSA terminals, Jurong Port, International Business Park and Jurong Island.
Offered the website’s specialized jetty, Graeme Bolin, CBRE’s head of occupier and leasing, industrial as well as logistics services, thinks it will highly appeal to firms involved in marine industrial tasks. “Considering the seamless gain access to of the jetty from the manufacturing room, coupled with the adequate lawn space as well as overhanging crane fixture, manufacturers can transfer and also deal with huge bulky tools securely and quickly from side to side the locations,” he mentions.
At any rate, Bolin prepares for eager rate of interest in the website from possible buyers in various sectors such as facilities, gas & oil, maritime and design, sustained by demand for top quality production as well as stockroom space. “42H Penjuru Road offers a prompt chance for owner-occupiers and financiers alike, to acquire a prime commercial and logistics room that can house all functions of business,” he includes.