Good investment, high rental yield. 3 storeys high hotel of 30 rooms (can be increased to another 15-20 rooms), tenanted to hotel chain operator till end 2014. Just collect rental every month and pay property tax. Positive cash flow.
Land size - 4574sqft GFA (Gross floor area) - 9500sqft
Superb location in Little India, high human traffic, short walking distance to 2 MRT lines, 24 hour supermarket and mall.
