178 Toa Payoh Central

HDB Shophouse at Toa Payoh Central for sale (sale and leaseback. Sellers will leaseback the property from buyer). Sellers are willing to leaseback for up to 5 years tenancy. Purchase with confidence that your property immediately begins generating income! Depending on sale price, sellers are willing to leaseback at a gross yield of around 4.35%.

Conveniently located at the heart of Toa Payoh Town Centre where HDB Hub, Toa Payoh Bus interchange and MRT station are within 5 minutes walk.

Remaining lease: 78 years from 1st October 1992. Circa 45 years.

1st Storey: 635 sqft.
2nd Storey: 710 sqft (with approved change of use). While there is approved change of use, buyer(s) could still be subject to ABSD if they already own one or more residential property.

Both levels are currently utilised to operate landlord's business. There business is well established in the Toa Payoh location with a set of recurring customers.

Some improvements done on the property:
1 Split unit air-conditioning system
2 Built-in consultation desk/cabinets/shelves/reception counter and vanity units.

You may find the Tiktok marketing video on this property in the video section. Filming was done along the shopping stretch where the property for sale is located.

Do contact Justin for a viewing today at 9***** . Price negotiable.