River Valley mixed-use property up for sale at $38m

The assets at 22 and 23 Mohamed Sultan Road span a land area of 4,221 sq ft.

A freehold mixed-use property at 22 and 23 Mohamed Sultan Road in River Valley is up for sale at a guide price of about $38m through an expression of interest exercise.

The property consists of two freehold blocks on separate land parcels, with a combined land area of about 4,221 sq ft and a total floor area of about 14,497 sq ft, according to CBRE, its marketing agent.

The rear block, at 22 Mohamed Sultan Road, is an eight-storey building approved for serviced apartment use, with units from level 2 to level 8.

The front block, at 23 Mohamed Sultan Road, is a four-storey building with a shop in the basement, a restaurant on the ground floor, and serviced apartments from level 2 to level 4.

Both blocks are fully tenanted.

The exercise will close on Wednesday, 28 October, at 3 pm.

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CBRE

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