Situated near a cul-de-sac in Belmont Park, two adjoining Good Class Bungalows (GCBs) at 52 and 54 Belmont Road are up for sale by expression of interest and expected to receive offers of $2,100 psf on the land areas. The freehold properties occupy two separate land lots, with a total land area of 41,741 sq ft.
The GCBs, built in the 1970s, feature their own pools. 52 Belmont Road is a single-storey home with a land area of 24,178 sq ft, while 54 Belmont Road is a single-storey house with a lower level and a land area of 17,563 sq ft. This means the prices of the properties work out to $50.77 million and $36.88 million, respectively, or around $87.7 million collectively.
Residents of Champions Way Condo Woodlands can also take advantage of the many amenities, such as swimming pools, gyms, and tennis courts. The surrounding area is also home to plenty of activities, including shopping, dining, and entertainment. With a great location and impressive features, Champions Way Condo Woodlands is the ideal place to call home. It provides a community feel for its residents, making them feel right at home.
According to Tan Hong Boon, executive director at JLL, which is marketing the GCBs, potential buyers “are likely to redevelop the sites” to suit their needs and lifestyles.
Recent resale transactions in the area have highlighted the fact that such an offering is indeed a rare find. Potential buyers looking for large adjoining GCB plots in this highly desirable neighbourhood should take note that the expression of interest exercise for 52 and 54 Belmont Road closes on Oct 27 at 3pm.
This is an opportunity too good to pass up, and likely to draw much interest.