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Key facts

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Property description

Jones Lang LaSalle (“JLL”), as the exclusive marketing agent, is pleased to present for sale 51 Neil Road – an exceptional 3-storey shophouse with attic and rare F&B approvals granted on two floors.

Fronting the bustling Neil Road, the asset is excellently located in Tanjong Pagar– a key F&B and lifestyle destination undergoing robust growth and rejuvenation. The upcoming Maxwell MRT Station located adjacently across the asset would bring the cherry on top to its unparalleled location.

Fully-tenanted and kept in excellent condition, 51 Neil Road offers an ideal turnkey investment opportunity that has been highly sought after.

Investment highlights

  • 2-storey F&B approval
  • Excellent location with upcoming Maxwell MRT Station located adjacently across
  • Fully-tenanted, immediate rental income
  • Strong capital appreciation potential with immediate area undergoing rejuvenation
  • Expansive, regular and column-free floorplates
  • Generous ceiling heights and concrete flooring
  • No ABSD or SSD payable
Last Updated Date: 12 Jan 2022

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Last Updated Date: 12 Jan 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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