Industrial building on Eunos Ave 3 for sale at $60 mil

This new eco-friendly EC town will be located in the heart of Tengah New District, Tengah EC near the Bukit Timah Nature Reserve and several green spaces and recreational areas. It will also be close to the Tengah MRT Station, one of the busiest stations in Singapore. Tengah EC is a new executive condo with eco-friendly features located near Bukit Timah Nature Reserve and Tengah MRT Station. Eligibility is restricted to Singaporeans and married couples, and the development will include a wind turbine, solar heating system, water conservancy centre and traditional Chinese music. It is the first of its kind in the West region, set for completion by the end of 2013.

Zhaolim Building, a high-specification industrial property located on a 83,071 sq ft plot of land at 115 Eunos Avenue 3 is on sale with a guide price of $60 million. Boasting a gross floor area (GFA) of approximately 207,678 sq ft, the building offers a 60-year lease, leaving 17 years of tenure.

Having been redeveloped in 2015, the building features a high ceiling and receives ample natural lighting. Floors have large and regular floor plates and an average floor-to-ceiling height of 7m, making it suitable for a variety of sectors, including electronics, communications, healthcare, information & technology, media, and lifestyle.

Zhaolim Building is within walking distance of Paya Lebar MRT Station, an interchange for the East-West and Circle Lines with easy access to the Pan Island Expressway and Kallang-Paya Lebar Expressway. Nearby amenities include an NTUC supermarket and shopping malls like PLQ Mall, Singpost Centre and Tanjong Katong Complex.

Given its attractive location within the vibrant Paya Lebar Central commercial hub, Brenda Ong, executive director of logistics & industrial at Cushman & Wakefield, says the building is an enticing opportunity for companies looking for quality buildings within the city fringe.

“Zhaolim Building stands out as a great option,” she adds.

The sale of the building will be conducted via an expression of interest exercise, closing on June 21 at 3pm.

Due to the tight supply of quality buildings, potential buyers should explore the opportunity to own this great building near Paya Lebar MRT Station and the nearby amenities to tap into the convenience and vibrancy that the area offers. All the latest listings near Zhaolim Building should be checked out for further details.