Dublin Lodge On Sale For $67.55mil
The home owners of Dublin Lodge, a 2 level household project along Dublin Rd, away from Killiney Rd, have already put the freehold project available for sale, anticipating proposals above their $67.55 mil set aside price, disclosed premium promotion representative Knight Frank SGP.
This figures out to 2,500 psf founded on the 27,020 sq foot acreage.
Found in top Area 9 in an exclusive dead-end street, the project consists of eight strata terraces including floor measurements of between 238 sq m and 240 square m. The property positions at an usual formed ground that is zoned to “household, 2 level mixed landed” usage under the 2K19 Master Plan.
The project appreciates a 55 m building front onto Dublin Rd and even is found neighboring the Orchard Rd retail street. It is likewise close-by Somerset MRT Terminal in addition to Dhoby Ghaut MRT Interchange.
Knight Frank observed that all homeowners have already granted the transaction, abolishing the necessity to register to the Strata Titles Board for the order of sale.
In addition to retaining the position’s present use as strata terraces, the interested investor can surely rebuild it toward a singular mansion house or redivide it into almost eleven terrace plot parcels, dependent on the relevant bodies’ consent.
“Dublin Lodge sets astounding options for homeowners and even builders that are spirited to connect to the buzzing landed industry. Such rebuilding possibilities are really unusual in the future by as a result of the small supply of landed properties, in particular in the hub of SGP’s retail area. While positioned throughout the bustling central, the property continues to be within a laid-back area, outside the noise and the traffic,” said Ian Loh, Head of Capital Markets (L&B, Collective & Strata Sales) at Knight Frank S’pore.
The offer for Dublin Lodge concludes on 6April.