Dublin Lodge up again for sale, price lowered to $65mil

Lease free landed project Dublin Lodge has recently once again been put up for transaction by using expression of interest for a decrease transaction price of $Sixty Five million.

The Area 9 project was formerly marketed in Feb, with the conserve value pegged at $67.55 mil.

Assessed for being around Thirty Five yrs old, the building is located on a reserved dead-end street at Dublin Road. It at the moment features eight strata landed along with floor sizes of among 2,562 square ft and 2hundred 40 square metre.

Dublin Lodge takes up a 27thousand 20 square feet location which is zoned for residence benefit within the 2K19 Master Plan. The property development is at the same time within the two-storey varying private vicinity.

Marketing and advertising professional C & W expressed the area could be redeveloped toward a single-detached home or even be separated into ten private terraces, subject to the permission of essential authorities.

” This is definitely an engaging business opportunity to attain a lovely property since landed housing opportunities found at the fringe of Orchard Rd are infrequent,” claimed Christina Sim, Dir of Capital Markets at C & W.

The Commodore condominium

” Its excellent core location, free lease term as well as most importantly, its desired address will definitely be exceptionally sought after.”

Strikingly, Dublin Lodge is in close proximity to Somerset Mass Rapid Transit Terminal and even is only a ten minute drive to the CBD.

Sim included that given that every of the eight property owners have indeed supported the deal, there is no need to put up to the Strata Titles Board for a sale request.

The expression of interest activity for Dublin Lodge closes on 4Jan2K22.


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