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A freehold strata-titled growth at 50 Tagore Lane is available at a direct price of $100 million, according to Cushman & Wakefield (C&W), which is promoting the property.
The property contains individual units under different Strata Certificate of Titles, also has been offered for sale with a chance to buy the seller’s self-storage company, EBC Lifestyle Hub. It occupies a site of 7,345.6 sq m (79,068 sq feet ), using a whole strata region of 13,246 sq m (142,579.9 sq feet ).
The house is a component five-storey warehouse using an expansion of a component four-storey warehouse. The self-storage facility provides private storage, business storage, wine storage in addition to serviced offices.
The development sits on a website of Company 1 zoning inside the Tagore Industrial Estate, which will be along Tagore Laneoff Thomson Road.
50 Tagore Lane was constructed in 1986, using the four-storey extension finished in 1993.
Potential customers will have the ability to tap prepared revenue throughout the leasing of these components offering space-saving self-storage, private storage of collectibles, the leasing of warehouses and solutions being offered to existing clients, including a childcare center, F&B sockets and serviced offices,” states C&W.
The expression of interest exercise closes Nov 4.