Lucky Plaza ground floor retail space up for sale at $18 mil
By Angela Teo
/ The Edge Property |
Updated, June 29, 2017, 3:26 p.m., to correct type of exercise. The property is up for sale by public tender and not expression of interest.
Three adjoining retail strata-titled units on the ground floor of Lucky Plaza, with a total strata area of 1,561 sq ft, have been put up for sale by public tender. According to exclusive marketing agent JLL, the guide price for the property is $18 million ($11,531 psf) and the units are being offered for sale with vacant possession.
The three units are located next to the side entrance of Lucky Plaza and are directly facing the escalator that links the ground floor to Basement 1. According to JLL, the units face Mount Elizabeth Road.
Though the units have been zoned for commercial use, they have also been approved for “medical centre” use. Buyers can consider a change of use to “retail” or “restaurant”, subject to approval from the relevant authorities. The sale is open to foreign buyers, and no additional buyer’s stamp duty or seller’s stamp duty will be imposed. The tender exercise closes on Aug 3.
Source: JLL
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