Two adjoining shophouses at Devonshire Road for sale at $15.6 mil

Read more: Lentor Modern prices starting price from $1,880 psf for preview on Sept 2

Two historic shophouses that are located adjacent to each other on Devonshire Road are being offered for sale through tender at $15.6 million.

The two shops have an estimated land size of 3,069 square feet which is currently designated for residential use, with the gross plot ratio being 2.8 According to the marketing agency Huttons Asia. The property includes five bedrooms including a front porch and outdoor space.

The freehold shophouses form part of 16 shophouses situated about 350 metres from Somerset MRT Station on the North-South Line. Its Orchard Road shopping belt is only five minutes away.

“Buyers are able to reside in a shophouse, which isn’t often seen as many use them for commercial use,” says Lawrence See the associate district director of Huttons Asia. “Subject to the approval of buyers can make an addition or alteration that will allow for the construction of an attic as well as additional bedroom,” he adds.

The tender ends on October 30.