Single-Storey Building #3472207 For Sale Property Detail Page

Super low price｜$3,680,000
→ 1/3 of the price of new buildings in the same area! The transaction price of Shanghai Street tenement building is above
Super return｜Estimated monthly rent is $24,000
→ Can be divided into 3 suites (fire protection plan is ready), return rate **7.8%** (calculation see below↓)
Super location｜3 minutes walk to Jordan Station
→ Directly downstairs to Australia Dairy Company/Temple Street Night Market, there is no shortage of tenants
No need to wait for mortgage｜Cash transactions are preferred**
→ Is it difficult to get a mortgage for a 50-year-old tenement building? Existing buyers can buy it directly without any worries!

**【Investment return calculation】**
investment $3,680,000
rental income $24,000 (divided into 3 units × $8,000)
rental return rate = ($24,000×12) ÷ $3,680,000 = **7.8%**
> ✓ Compared with bank deposits of 0.3%, the return is 26 times higher0
✓ Compared with the return of new properties in the same district (about 2.5%), it is 3 times
**【Redevelopment potential】Attract developers**
> It is a "Residential (Class A)" lease, and the plot ratio is not fully used0 > The URA's Yau Ma Nan redevelopment project radiation area (reference to the acquisition price of New Reclamation Street $
/sq. ft)

Super low price｜$3,680,000
→ 1/3 of the price of new buildings in the same area! The transaction price of Shanghai Street tenement building is above
Super return｜Estimated monthly rent is $24,000
→ Can be divided into 3 suites (fire protection plan is ready), return rate **7.8%** (calculation see below↓)
Super location｜3 minutes walk to Jordan Station
→ Directly downstairs to Australia Dairy Company/Temple Street Night Market, there is no shortage of tenants
No need to wait for mo ...