Guthrie Engineering Building for sale at $29 mil

The building also has a carpark with 102 great deals and also two freight lifts with accessibility to all 4 levels.
Graeme Bolin, CBRE’s head of inhabitant and leasing, industrial and also logistics solutions, explains that the property is a rare offering provided its dimension and also area within the city edge. “The under-utilised plot ratio would certainly attract customers who want to

The residential property sits on a 68,500 sq ft B1 commercial site with a story proportion of 2.5 and also a remaining period of 21 years.

Guthrie Engineering Building, a four-storey commercial structure at 6 Aljunied Avenue 3, off Paya Lebar Road, is up for sale by means of private treaty at a measure price of $29 million.

The building, comprising storehouse room on the ground floor as well as cool organization room on the upper floors, has a gross floor area (GFA) of 110,018 sq ft. “The incoming proprietor may explore tapping on the underutilised plot ratio to delight in a prospective built-up area of around 171,250 square feet or re-position the asset to bring in hi-specs industrial customers,” states CBRE, who is marketing the home.

capitalise on its redevelopment potential,” he includes.

The building lies about 400m from Paya Lebar MRT Station, which is an interchange for the Downtown and East-West Lines.