You are here

33 strata-title units at Parklane Shopping Mall up for sale

A TOTAL of 33 prime shop units at Parklane Shopping Mall with direct access from the street level have been put up for sale through expression of interest.

The units have a total strata area of 25,317 square feet, which covers close to 94 per cent of the total strata area on the basement level or 17 per cent of the entire development by share value.

Interested parties have the option of acquiring the entire portfolio or any of the three shop clusters which comprise part of the entire portfolio. Two of the clusters, with a total strata area of 3,886 square feet and 6,631 square feet respectively, are approved for nightclub use. The third cluster, with a strata area of 2,002 square feet, is approved for restaurant use.

The shops enjoy 100 per cent tenancy with an eclectic mix of trades including a fast-food restaurant, nightclubs, gaming and entertainment centres.

The expression of interest exercise will close at 3pm on July 30, 2015. DTZ Debenham Tie Leung (SEA) has been appointed as the sole marketing agent.