Freehold Co-Living Investment | 6 Ensuite Rooms | Fully Renovated | High Rental Yield

Rare Freehold Co-Living Investment at Balestier

Unique opportunity to acquire a fully renovated walk-up apartment configured into a modern co-living layout with 6 ensuite rooms.

Thoughtfully rebuilt in 2023, each room is designed as a self-contained suite featuring its own bathroom and kitchenette setup with hob, hood, fridge and washing machine, offering tenants privacy and convenience similar to a micro-studio.

The property is currently configured to maximise rental efficiency while maintaining a stylish and comfortable living environment. Interior design features include loft sleeping areas, built-in storage staircases, modern bathrooms and contemporary finishes throughout.

Key Highlights

• Freehold property in prime Balestier location
• Approx. 1076 sqft efficient layout
• 6 ensuite co-living suites
• Each room equipped with hob, hood, fridge & washing machine
• Full renovation completed in 2023
• Turn-key investment with minimal capex required
• Strong rental demand from Novena medical hub and city fringe professionals
• Selling with existing tenancies at above 7% rental yield

Balestier is a highly sought-after city fringe district with easy access to Novena, Orchard Road and the CBD, making it a popular rental location for working professionals and expatriates.

An ideal opportunity for investors looking to acquire a ready co-living asset with strong rental potential in a central location.

***Size is an approximate estimation based on neighbouring units***

Serious enquiries welcome @ 9.6.9.6.8.8.6.9
Damon Koh
Propnex