Historical shophouses up for sale at Devonshire Road via tender at $15.6 million

Read also: Two adjoining B2 industrial properties for sale at 21 Tampines Street 92

Two shophouses with historical ties at Devonshire Road are being offered for sale through tender at $15.6 million.

The two shops have an estimated land size of 3,069 square feet which is currently being used for residential purposes with an estimated gross plot ratio of 2.8 According to market agents Huttons Asia. The property is home to five bedrooms with a front verandah as well as the backyard area.

The freehold shophouses form part of 16 shophouses situated about 350m away from Somerset MRT Station on the North-South Line. Its Orchard Road shopping belt is only five minutes away.

“Buyers can live in a shophouse that isn’t often seen as many use them for commercial uses,” says Lawrence See as associate district director at Huttons Asia. “Subject to the approval of buyers could be able to do an addition or alteration that will allow for the construction of to the attic or add additional bedroom,” he adds.

The tender will close on October 30.