Dublin Lodge up again for sale, price lowered to $65mil
Free rental landed building Dublin Lodge has actually once over gotten marketed by using expression of interest over a decreased list price of $Sixty Five million.
The District 9 property development was in the past put up for transaction in February, with the conserve price placed at $Sixty Seven point Five mil.
Considered to be around 35-years old, the project is located at an exclusive cul-de-sac at Dublin Road. It at present has eight strata terraces along with floor sizes of between Two hundred Thirty Eight square metre and 2,583 sq ft
Dublin Lodge occupies a 27thousand 20 square ft spot in which is sectioned for housing benefit beneath the ’19 Master Plan. The property development is also amongst the two floor mixed private spot.
Promoting and marketing agent Cushman & Wakefield stated the plot could be reconstructed right into a solo separated house or even be split in to 10 unique terraces, dependent on the validation of essential authorities.
” This is truly an interesting opportunity to acquire a lovely possession given that landed home ventures on the edge of Orchard Rd are scarce,” pointed out Christina Sim, Director of Capital Mkts at C & W.
” The property’s elite central position, free lease term and most of all, its desirable address will certainly be exceptionally demanded.”
Especially, Dublin Lodge is alongside Somerset Mass Rapid Transit Terminal and also is merely a 10-minute commute to the CBD.
Sim said further that because all 8 proprietors have actually accepted the transaction, there is absolutely no need to put up to the Strata Titles Board for a sale request.
The expression of interest movement for Dublin Lodge concludes on 4 Jan 2022.