Industrial building in Tuas on the market for $6.8 mil

, or other nearby Tengah Plantation EC Singapore industrial properties for sale and for rent.

50 Gul Crescent, an industrial factory located off Tuas Road, is now available for sale by public tender with a guide price of $6.8 million. This single-storey building comes with a mezzanine level and a two-storey rear extension, occupying a land area of 41,779 sq ft and with a gross floor area of 27,771 sq ft. It is currently zoned for Business 2 (Industrial) use and has a plot ratio of 1.4.

The sole marketing agent for the property, Brilliance Capital, informs potential buyers or end-users that they will be selling the site with vacant possession, giving the purchasers the opportunity to commence operations right away. Furthermore, buyers will be able to benefit from the fresh tenure of the site, as the lease was recently renewed for a 30 year period beginning October 1, 2021.

The ground floor of the building comes with airconditioned ancillary office space, along with a workshop and production floor equipped with washing and loading bays. The second floor features both air-conditioned offices as well as a research and development area.

This site is conveniently located within the Tuas industrial estate, close to major transportation links such as the Ayer Rajah Expressway and Pan-Island Expressway, as well as the Singapore-Malaysia Second Link Bridge. Adding to its accessibility, the Gul Circle MRT station is only a six-minute walk away.

The property’s agency, Brilliance Capital, believes this factory will draw a great interest from a wide range of prospective buyers. Its founder and executive director, Sammi Lim, points out that this is “a rare opportunity to acquire a fully functional and strategically located industrial facility in one of Singapore’s most sought-after industrial areas”.

The tender for this property will close on April 19 at 3pm. If you are interested in buying or renting nearby industrial properties in Singapore, or want to check out listings near Gul Circle MRT Station, don’t hesitate to check out the latest listings.