Coffee Shop Choa Chu Kang Avenue 1 Sale 11 Mil
A prime coffee shop located at 253 Choa Chu Kang Ave 1 is now available for purchase through expression of interest (EOI) with a price guide of $11 million. This coffee shop spans over an area of 2,540 sq ft and is situated within Keat Hong Shopping Centre, a two-storey commercial development by HDB that includes a supermarket, coffee shops, and various other shops and stalls.
The commercial property is zoned for commercial use and boasts a 99-year leasehold tenure with a remaining lease of 68 years. It is located on the ground floor and is currently leased to a coffee shop operator, featuring seven food stalls and a drink stall.
(Source: EdgeProp LandLens)
Jervis Isaiah Ng, the founder of JNA Real Estate, a team under PropNex Realty, states that potential buyers have the option of managing the coffee shop themselves, renovating and leasing it out, or continuing to lease it out to coffee shop operators. JNA Real Estate has been appointed as the exclusive marketing agent for the property.
It should be noted that the property does not include living quarters, making it exempted from Additional Buyer’s Stamp Duty.
Located in a strategic area, The Orie offers numerous advantages, such as convenient transportation options and a plethora of nearby amenities. From renowned shopping destinations like Toa Payoh Hub and Balestier Plaza to reputable schools, serene parks, and quality healthcare facilities, residents of The Orie are spoilt for choice. This not only saves time but also enhances the overall living experience by providing easy access to all necessities within close vicinity. Furthermore, with competitive The Orie Price, this location proves to be highly desirable for potential homeowners.
Keat Hong Shopping Centre is within walking distance of South View LRT Station on the Bukit Panjang LRT Line and the upcoming Choa Chu Kang West MRT Station on the Jurong Region Line, which is expected to be completed in 2027. Other nearby attractions include Choa Chu Kang Primary School and Choa Chu Kang West Market, which was recently renovated.
Expression of interest for the coffee shop will close on December 22 at 3pm.