Ground-floor F&B unit at Greenwood Ave for sale at $16 mil

August 4, 202

A ground-floor F&B unit at 2 Greenwood Avenue in prime District 11 has been put up for sale with a guide price of $16 million. The freehold unit will be sold in an expression of interest exercise, and it is currently marketed by CBRE.

Located in the prestigious Bukit Timah neighbourhood, the property is the ground-floor commercial unit of a two-storey semi-detached house. The unit enjoys prominent street-level visibility due to its 27-metre dual road frontage along Greenwood Avenue and Hillcrest Road.

According to the latest Master Plan, the entire building is zoned “residential with commercial at first storey”. The commercial unit is approved for restaurant usage and is currently leased to a Mediterranean restaurant. It has a total strata area of 2,670 sq ft.

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