Dublin Lodge On Sale For $67.55mil
The property owners of Dublin Lodge, a 2 level non commercial development on Dublin Road, away from Killiney Rd, have already put the free ownership property up for sale, forecasting deals exceeding their $67.55 million reserve figure, shared distinctive marketing and advertising specialist Knight Frank S’pore.
This calculates to 2.5K per sq ft founded on the 27,020 square ft acreage.
Found in key District Nine in an exceptional dead-end street, the development comprises eight strata terraces alongside floor areas of between 2hundred 38 square m and Two hundred Forty sq m. It sits at a typical designed site which is zoned to “domestic, two floor mixed landed” usage within the 2019 Master Plan.
The development indulges in a Fifty-five metre frontal onto Dublin Road and also lies in close proximity to the Orchard Road shopping belt. The property is likewise close to Somerset MRT Terminal in addition to Dhoby Ghaut MRT Interchange.
Knight Frank noted that all homeowners have indeed granted the deal, eliminating the requirement to register to the Strata Titles Board for the request of sale.
In addition to holding the position’s existing purpose as strata terraces, the potential client can surely redevelop it into a single mansion or redivide it in to around 11 terrace land parcels, conditional the applicable authorities’ authorization.
“Dublin Lodge places amazing benefits for home owners and also builders who are truly earnest to connect to the successful landed sector. This type of rebuilding possibilities are scarce in the future by as a result of the constrained supply of landed homes, even more so in the center of S’pore’s retail area. Though located among the busy central, the project stays within a laid-back location, out of the commotion and the traffic,” pointed out Ian Loh, Head of Capital Markets (Land & Building, Collective & Strata Sales) at Knight Frank SGP.
The bid for Dublin Lodge closes on 6April.