Dublin Lodge On Sale For $67.55mil
The property owners of Dublin Lodge, a two level non commercial property along Dublin Road, ahead Killiney Road, have recently placed the free ownership project accessible, expecting bids over their $67.55 mil set aside figure, disclosed exclusive advertising real estate agent Knight Frank SGP.
This turns out to 2,500 per sq foot built upon the 2,510.2 sq meter acreage.
Positioned in top Area Nine in a privileged dead end, the project consists of eight bounded terraces with ground measurements of among 2hundred 38 sq meter and Two hundred Forty sq m. It positions on a regular molded plot that is sector for “residential, 2 floor merged landed” application in the 2K19 Master Plan.
The project experiences a 55 m frontal onto Dublin Rd furthermore is positioned close-by the Orchard Rd shopping street. The project is in addition nearby Somerset MRT Terminal including Dhoby Ghaut MRT Interchange.
Knight Frank recorded that all of the property owners have actually said yes to the sale, reducing the demand to register to the STB for the order of sale.
Other than preserving the position’s existing use as strata terraces, the prospective client can surely redevelop it into a singular mansion house or subdivide the property into right up to eleven terrace ground parcels, based on the pertinent authorities’ consent.
“Dublin Lodge leads to remarkable options for homeowners plus developers who are truly anxious to tap on the successful landed industry. This sort of reconstruction ventures are really seldom to follow by due to the minimal stockpile of landed houses, particularly in the hub of S’pore’s retail area. While found within the bustling downtown centre, the project continues to be in a laid-back location, out of the commotion and also the traffic,” claimed Ian Loh, Head of Capital Markets (Land & Building, C&S Sales) at Knight Frank Singapore.
The offer for Dublin Lodge discontinues on 6Apr.