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

Freehold landed development Dublin Lodge has actually once more gotten put up for deal using expression of interest for a reduced sale value of $Sixty Five mil.

The Area Nine property development was previously put up for sale in February, with the conserve figure fixed at $67.55 mil.

Assessed for being nearly 35 yrs old, the building is positioned at a reserved dead end at Dublin Rd. It currently possesses eight strata terraces along with floor surface areas of between 2hundred 38 square meter and 240 sq m.

Dublin Lodge utilizes a 2,510.2 square metre site which is zoned for residential use under the 2K19 Master Plan. The property development is likewise among the two-storey varying landed vicinity.

Marketing specialist C & W expressed the site could be reconstructed right into a singular separated home or even be partitioned into ten personal terraces, based on the consent of related authorities.

Bartley Vue condominium

” This is truly an interesting benefit to acquire a lovely resource as landed property business opportunities on the fringe of Orchard Rd are infrequent,” claimed Christina Sim, Director of Capital Mkts at Cushman & Wakefield

” Its excellent central position, freehold tenure as well as most importantly, its coveted address will be extremely demanded.”

Distinctly, Dublin Lodge is alongside Somerset MRT Station also is a 10-minute drive to the Ctrl Business District.

Sim added that because all 8 owners have accepted the deal, there is zero necessity to apply to the Strata Titles Board for a transaction order.

The EOI exercise for Dublin Lodge concludes on 4Jan’22.

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