Dublin Lodge up again for sale, price lowered to $65mil
Freehold landed property development Dublin Lodge has once over gotten pushed out by means of EOI over a decrease list price of $65 million.
The District 9 development was formerly offered in Feb, with the reserve pricing pegged at $67.55 mil.
Assessed for being about Thirty Five yrs old, the development is situated at a discreet cul-de-sac at Dublin Road. It presently has 8 strata terraces alongside floor areas of in between 2,562 square ft and 2,583 sq ft
Dublin Lodge takes up a 2,510.2 sq metre plot in which is sectioned for residence utilization under the 2K19 Master Plan. The property development is similarly among the 2 storey varying landed zone.
Promotion and marketing representative Cushman & Wakefield claimed the plot can be rebuilt into a singular detached residence or even be subdivided into ten private terraces, dependent on the validation of essential authorities.
” This is really an interesting chance to acquire a charming property since landed house chances found at the fringe of Orchard Road are sparse,” announced Christina Sim, Dir of Capital Markets at Cushman & Wakefield
” The property’s excellent core site, freehold term as well as above all, its coveted address will definitely be exceptionally demanded.”
Especially, Dublin Lodge is nearby Somerset Mass Rapid Transit Station and also is merely a ten minute drive to the CBD.
Sim added that since every of the eight home owners have consented to the deal, there is zero necessity to put up to the Strata Titles Board for a deal order.
The EOI activity for Dublin Lodge closes on 4January2022.