Description Freehold 7 storey hotel comes with restaurant & spa, strategic location, 24 hours shopping, 2 minutes walk from MRT, 5 minutes to City, ample parking space available.
Buyer can jointly re-develop vacant land usedd as car-park presently owned by Hotel. Current rental yield is 5-6% excluding operating profits of hotel, if profits is added, yield is around 10%. Depending on creditability of buyer, bank can finance up to 100% of purchase price of S428.8 million. Contact for more information on this Hotel for sale.