4-storey logistics building with ancillary office space for sale by Graeme Bolin, Head of Occupier and Leasing, Industrial and Logistics Services. Ideal for logistics and e-commerce business within the western part of Singapore within the Toh Tuck industrial estate for sale.
CBRE, as the appointed exclusive marketing agent, is pleased to offer for sale a 4-storey logistics building with ancillary office space at 7 Toh Tuck Link. Strategically located within the Toh Tuck industrial estate, the site has a remaining leasehold tenure till November 2056.
Under the Master Plan 2019, the site is zoned for “Business 2” use with permissible plot ratio of 1.6. At an indicative price of S$30 million, the sale will be via a private treaty.
Sitting on an 93,658 sq ft site, the subject property has a gross floor area of approximately 140,250 sq ft, that comprises warehouse space on levels 1 to 3, and an ancillary office space on level 4. The warehouses are partially air-conditioned and will appeal to occupiers in the pharmaceutical or semi- conductor industries for storage of high-tech products. Additionally, ample lorry parking is available and comes with 10 loading docks. It is also served by two 5-tonne cargo lifts, that will benefit users with high volume of good movement.
Mr Graeme Bolin, Head of Occupier and Leasing, Industrial and Logistics Services, says, “The positive outlook for Singapore’s industrial sector, as well as the strong investment commitment announced in 2022 to boost manufacturing capabilities in Singapore over the next few years, will underpin demand for quality warehouse spaces amid the tight supply. 7 Toh Tuck Link, with its strategic location and proximity to major manufacturing zones in Tuas, Jurong, Woodlands and Ang Mo Kio, presents a timely opportunity for investors and owner-occupiers alike. The property will be particularly attractive because of the immediate access to a pool of workers from the Jurong East and Clementi residential areas nearby.”
In addition to its proximity to PSA terminals, Jurong Port, International Business Park and Jurong Island, 7 Toh Tuck Link is well connected to other part of Singapore via public and private transportation. Easily accessible via Pan Island Expressway and Ayer Rajah Expressway, the subject property will stand to enjoy enhanced connectivity when the Maju and West Coast MRT stations on the Cross Island Line are completed by 2032.
To request a copy of the Information Memorandum please contact the marketing agents, Graeme Bolin, CBRE Head of Occupier and Leasing, Industrial and Logistics Services via the contact details below.
Click here to view listings and transactions on The INDUSTRIALIST
Sign up here to receive The INDUSTRIALIST newsletters and breaking news sent straight to your inbox.
A strategically located industrial site on 7 Toh Tuck Link for sale by CBRE Singapore