Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm has been exclusively appointed for the sale of a six-storey high-specification industrial building located at 115 Eunos Avenue 3, also known as Zhaolim Building.

The property sits on an 83,071 sqft plot of land and has a gross floor area of about 207,678 sqft. The JTC- owned land has a 60-year tenure that starts from Feb 1, 1980, with approximately 17 years left to the lease. This six-storey building which was redeveloped in 2015 has a high ceiling and enjoys ample natural lighting. The floor plates are regular and large, which is great for space planning. A typical floor plate spans about 43,000 sqft, while the average floor-to-ceiling height is about 7 metres. It has large passenger and cargo lifts, as well as a childcare centre and an outdoor sky garden at level 2.

Conveniently situated within walking distance to Paya Lebar MRT station (EW8/CC9) and well connected via Pan Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE), Zhaolim Building is also minutes away from a wide selection of lifestyle and F&B amenities including NTUC supermarket and 3 large shopping malls like PLQ mall, Singpost Centre and T anjong Katong Complex.

"Zhaolim Building, nestled within the vibrant Paya Lebar Central commercial hub, presents an enticing opportunity for companies from Electronics and Communications, Healthcare, Information & Technology, Media, and Lifestyle sectors," said Brenda Ong 王俐頻, Executive Director of Logistics & Industrial at Cushman & Wakefield. " Given the tight supply of quality buildings located within the city fringe, Zhaolim Building stands out as a great option" she added.

The sale will be conducted via an Expression of Interest exercise which closes on 21 June 2023, Wednesday at 3pm.