Nestled in the heart of a vibrant neighborhood, this freehold conservation shophouse presents a unique opportunity for both investors and lifestyle seekers. Priced at $7.98 million, the property boasts a prime location along Tanjong Katong Road, an area known for its rich cultural heritage and bustling commercial activities. The shophouse combines historical charm with modern potential, making it an attractive asset for anyone looking to capitalize on the thriving real estate market.
The property features a distinctive façade, characterized by traditional architectural elements that reflect the heritage of the area. It is a two-storey building that has been meticulously maintained, preserving its historical significance while accommodating contemporary needs. The ground floor offers ample retail space, ideal for boutique shops, cafes, or other commercial ventures. The upper level, with its spacious layout, could serve as residential quarters or be transformed into additional commercial space, providing flexibility for various business models.
Tanjong Katong Road is a well-established thoroughfare that experiences high foot traffic, making it an ideal location for businesses seeking visibility. The neighborhood is known for its diverse demographic, attracting both locals and expatriates. Its proximity to popular amenities, such as shopping centers, schools, and parks, enhances its appeal as a lifestyle destination. The shophouse's location allows easy access to public transportation, facilitating movement and accessibility for potential clients and residents alike.
Investors will find significant potential in the growing demand for commercial properties in this area. The revitalization of Tanjong Katong and surrounding neighborhoods has spurred interest in both retail and residential markets, making this shophouse a valuable addition to any portfolio. The freehold status further increases its desirability, as properties of this nature are becoming increasingly rare in urban settings. Buyers can benefit from long-term capital appreciation and the potential for rental income from commercial tenants.
The surrounding environment is a blend of the old and new, with trendy eateries, artisanal shops, and established businesses coexisting harmoniously. This vibrant mix not only enhances the neighborhood's character but also attracts a steady stream of visitors and residents. The area's cultural diversity contributes to a unique lifestyle experience, fostering a sense of community that appeals to both locals and newcomers.
This conservation shophouse along Tanjong Katong Road represents a strategic opportunity in a dynamic market. Whether one is looking to invest in a thriving business or seeking a unique residential setting, this property has the potential to meet various needs. With its historical significance, prime location, and adaptability, the shophouse stands as a testament to the evolving landscape of urban living, making it a compelling choice for discerning buyers.
As the neighborhood continues to develop, this property is set to remain an integral part of the area's charm and vibrancy.
NEW CONDO LAUNCH: THE SEN
The Sen is an exciting new condo project with detailed information available in the THE SEN E-brochure.
Prospective buyers can explore the THE SEN Floor Plan and learn about the THE SEN Price and Launch Date.
View THE SEN ShowFlat & Get VVIP Discount. Register to book showflat appointment.
News Source: Edgeprop
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