‘Arina East Residences’ food factory at Senoko Drive for sale at $8.8M
Colliers, a well-known marketing agent, has announced that a food factory located at 46 Senoko Drive is up for sale through private treaty. This property, part of the bustling JTC Senoko Food Zone in Sembawang, has an indicative price of $8.8 million.
Built on a 16,611 sq ft site that is zoned for Business 2 use, this factory boasts a plot ratio of 2.5. Currently, it has a gross floor area (GFA) of 23,364 sq ft. However, there is potential for expansion, and the total GFA can be increased to 41,528 sq ft. The leasehold tenure of the site is 30 years from April 1, 2020, leaving 26 years on the lease.
If businesses are looking for a specialized food production facility, the property at 46 Senoko Drive may be the one. It is fully equipped with everything that is essential for food manufacturing, distribution, and warehousing. The facility includes food preparation and production areas, chiller and freezer rooms, an office space, and accommodation for up to 13 workers.
“As the food manufacturing industry in Singapore continues to grow, there has been a noticeable uptick in demand for specialized food production facilities,” shares Raphael Lee, director of industrial services at Colliers Singapore. He also mentions that this factory at 46 Senoko Drive presents a timely opportunity for businesses that are looking to establish or expand their operations in a key industrial hub.
In addition to its prime location within the JTC Senoko Food Zone, the property at 46 Senoko Drive also enjoys a convenient and well-connected location. It is well-served by major roads and expressways, making it easily accessible for both employees and customers.
Located at Arina East Residences, the connectivity of this residential development goes beyond just facilitating movement. It aims to seamlessly integrate work, leisure, and lifestyle. With its close proximity to major MRT stations like Promenade, City Hall, and Marina Bay, residents can easily access commercial hubs, shopping districts, and recreational venues. The vibrant city life is further enhanced with popular cultural and recreational spots such as the Esplanade, Gardens by the Bay, and Singapore Sports Hub just a short drive or MRT ride away. Experience the best of urban living at Arina East Residences.
Over the years, there have been several notable industrial sales transactions on Senoko Drive, further highlighting the desirability of the location. With its potential for expansion and prime location, the property at 46 Senoko Drive is a promising opportunity for businesses in the food industry.
In conclusion, the food factory at 46 Senoko Drive, now available for sale, is an excellent opportunity for businesses looking to establish or expand their operations in a key industrial hub. With its specialized facilities, prime location, and potential for expansion, this property is definitely worth considering. Interested parties can contact Colliers for more information and to arrange a viewing of the factory at 46 Senoko Drive and experience the Arina East Residences.