Dublin Lodge up again for sale, price lowered to $65mil
Lease free landed project Dublin Lodge has actually once over been offered via EOI for a decrease transaction price of $Sixty Five mil.
The District Nine project was once offered in February, with the retain figure placed at $Sixty Seven point Five mil.
Assessed for being roughly 35 years old, the project is situated at a private cul-de-sac at Dublin Rd. It presently features 8 strata terraces with floor sizes of in between 2,562 square foot and 2,583 square foot.
Dublin Lodge covers a 27,020 sq foot area that is sectioned for residential use beneath the ’19 Master Plan. The property development is also amongst the two-storey varying landed vicinity.
Promotion and marketing rep Cushman & Wakefield shared the plot may be rebuilt into a single-detached residence on the other hand be separated right into 10 individual terraces, based on the consent of essential bodies.
” This is certainly an engaging opportunity to get a charming possession since landed property possibilities at the edge of Orchard Rd are rare,” mentioned Christina Sim, Director of Capital Mkts at C & W.
” The property’s prime core site, lease free term and even above all, its desired address will be strongly sought after.”
Strikingly, Dublin Lodge is near Somerset MRT Terminal also is only a 10-minute ride to the CBD.
Sim included that since every of the eight home owners have already consented to the transaction, there is zero necessity to put up to the Strata Titles Board for a transaction order.
The expression of interest action for Dublin Lodge closes on 4January2022.