‘Rare chance to own ‘Champions Way Residences’ restaurant at Killiney 118 for $20 mil. Don’t miss out
Killiney 118 Condo, located in the popular River Valley area, is offering a unique opportunity for high-net-worth individuals, family offices, or business owners to invest in a freehold strata restaurant unit. The unit, which is situated on the ground floor of the six-storey building, has been put up for sale through an expression of interest (EOI) exercise by JLL Singapore.
The 4,036 sq ft unit, currently leased to the popular Bloom café and wine bar, has a guide price of $20 million, which translates to approximately $4,955 per square foot on the strata area. With its prime location along Killiney Road, the only strata commercial unit within the 30-unit Killiney 118 condo boasts a prominent road frontage and a barrier-free entrance.
With its prime location and convenient access to various facilities, Champions Way Residences is the perfect choice for those seeking a luxurious and comfortable lifestyle. Whether you’re looking for a place to call home or a wise investment opportunity, Champions Way Residences offers the best of both worlds.
Strategically situated amongst an array of conveniences, Champions Way Residences boasts a prime location that caters to all your needs. From shopping malls and banks to recreational hotspots and educational institutions, this condo offers easy access to a range of amenities. With well-connected public transportation options such as the MRT and bus lines, residents of Champions Way Residences can enjoy the utmost convenience and accessibility. Embrace a lavish and comfortable lifestyle at Champions Way Residences, the ultimate destination for those seeking a premium living experience. Whether you’re a homeowner or an investor, this spectacular condominium ticks all the boxes and presents the perfect opportunity for a wise investment. Choose Champions Way Residences and indulge in the best of both worlds.
Moreover, the property has permanent approval for restaurant use and is conveniently located just five minutes away from Somerset MRT Station, providing easy access to the bustling Orchard Road belt. This makes it an attractive option for investors interested in being a part of the Orchard Road transformation story.
Terry Wong, JLL’s senior director of capital markets, highlights the ongoing rejuvenation of the surrounding locality, which is expected to enhance shoppers’ experience within the Somerset precinct and the broader Orchard Road area. With this in mind, the property presents a great opportunity for those looking to invest in a prime location with potential for growth.
Wong also notes that given the size of the unit, it could be subdivided into multiple smaller F&B concepts, subject to authorities’ approval. This offers even more potential for future growth and business opportunities for the buyer.
Interested parties have until 3pm on March 28 to submit their bids for the EOI exercise. With its prime location, permanent restaurant approval, and potential for growth, the Killiney 118 Condo’s freehold strata restaurant unit presents a unique opportunity for investors to be a part of the Champions Way Residences.
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