Daily Archives: July 29, 2022

Strata industrial unit at Delta House on the market for sale and lease back at $30 mil

Published by:

JLL’s Zeng anticipates to see interest from both capitalists as well as industrialists given the scarcity of property strata units in the city fringe. With the leaseback by the supplier, investors appreciate prompt rental income stream he includes. Buyers might also check out strata partitioning the whole lot, based on authorities’ authorization. No Additional Buyer’s Stamp Duty is applicable on the purchase of the acquisition, and immigrants are qualified.

The device occupies near to 65% of the entire floor, and also stands for regarding 10% of the total strata area as well as total share value at Delta House. The seven-storey flatted factory has a preschool on the initial storey, with upper stories housing production rooms, stockrooms and also secondary workplaces.
The sale is subject to existing occupancies with staggered lease expiration dates. According to Zeng, the vendor plans to lease back most of the space that it’s occupying. The …