Two-storey industrial building near Tuas Second Link on sale for $8mJTC launches tender for two industrial sitesJTC launches two Industrial GLS sites for 1H2020version:A state-of-the-art warehouse and factory, situated in the prime location of Gul Circle, is now available for purchase through an expression of interest with a recommended price of $42 million, according to the exclusive marketing agent, Knight Frank Singapore.The facility boasts a five-storey single-user warehouse and factory leased by JTC, along with a mezzanine consisting of four floors. With a total gross floor area spanning approximately 245,955 sq ft, this property offers expansive space for industrial operations.The site, measuring 105,648 sq ft, has a remaining leasehold tenure of 15 years and 11 months, as of February 1. It falls under the Business 2 zoning category in the URA Master Plan 2019.Read also: Over 100 agents from Knight Frank’s KF Property Network make the leap to SRIAdvertisementAdvertisementDesigned to cater to the modern needs of industrial businesses, this property boasts high ceilings for optimal storage and operation, cold rooms for temperature-sensitive items, and heavy floor loading capabilities to accommodate various industries. Additionally, it features nine 40-footer loading and unloading bays equipped with dock levelers, as well as four cargo and service elevators.Conveniently situated in close proximity to major expressways such as Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE), as well as Joo Koon MRT station, this property offers easy access for transportation.The expression of interest exercise is open until March 18 at 3pm.
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