Freehold Terrace Shophouse Residential Cum Commercial

Residential cum Commercial Use
Excellent for Property Investor or Aspiring Entrepreneur

Residential shophouse with first floor's current use as showroom
Existing 2-storey terrace with basement.
Higher Gross Plot ratio 3 (i.e. higher the typical 1.4)
Able to build up to 5 storeys (height limit)

Subject to URA approval , URA's indicative allowable uses for this shophouse are
(A) 1st storey
-retail shop, pet shop, vet clinic, medical clinic;
-office; showroom;
- takeaway foodshop (no dine-in);
- gym; fitness centre
-residential; etc

(B) Upper storeys
-home office;
-students' hostel;
- residential etc.
-residential ; etc

Potential dual key layout

Fronting major Upper Paya Lebar Road
-Excellent road frontage visibility
- short walk to Serangoon MRT station ( - 0.8 km ) &
NEX shopping mall
- eateries, shops and supermarkets are nearby

-- within 1 km to good primary schools Maris Stella High School and Paya Lebar Methodist Girls School

-Good rental potential to expatriates whose children study in the nearby international schools namely Stamford American International School, Australian International School, French International School, DP International School,

- Good rental potential to office workers working in Tai Seng, McPherson, Paya Lebar, CBD, etc

*Some pictures are for illustration purpose.
For exclusive viewing, please whatsapp me Karen 97907091