Photo from CBRE.

Prime ground floor retail units at Peninsula Plaza for sale: CBRE

The expression of interest for the three retail units will close on 11 July at 3 pm.

Three retail units on the ground floor of the 30-story mixed-use development Peninsula Plaza are for sale with a total indicative guide price of $26.2m, according to CBRE.

The three retail units, which are fully leased to five tenants including convenience stores, an apparel retailer, and a bank, have a combined area of around 2,207 square feet (sf) including a lease tenure of 999-year from 29 October 1829.

READ MORE: Prime retail spaces in Orchard Road to sustain rental growth in 2023

Both locals and foreigners can buy the retail units with no additional buyer’s stamp duty or seller’s stamp duty.

The expression of interest for the properties will end on 11 July at 3 pm.

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