4 Bedroom Penthouse at Woodgrove Condo for Sale with Tenancy

4.2% Rental Yield, Near American International School

Call 97323160 to View/Offer

  • Woodgrove Condo Pool View

About This Property

This well kept, corner penthouse in Woodgrove Condominium is available for sale with tenancy. The asking price of $2 million is negotiable and the unit has been tenanted out for the next two years at 7k/month which translates to a rental yield of 4.2% per year. It has a great view of the central pool area and a balcony to enjoy the view and relax with a nice cold drink. The unit is a 2-storey unit with 4 bedrooms and a family room that can be used as another bedroom. There is also a utility room that can double as a bedroom for a domestic helper and also a yard for laundry purposes. A small store room serves to help stash away unused items. Gourmets and cooking enthusiasts will enjoy the spacious kitchen, not something to be found in condos that are now on the market. The area of the units is 3132 sq ft including a roof terrace accessible from a room on the upper floor.

Woodgrove Condominium is a 99 year leasehold development by Hoi Hup JV P/L. The resort style design has a ring of residential units encircling the central area of common facilities such as a lap pool, children's pool, playgound, Jacuzzi, BBQ pits and playground. The facilities also include changing rooms with sauna, a golf putting green, a reflexology path, 2 function rooms, a gym and 2 shop units including a bakery. There are 2 tennis courts tucked at one corner of the development.

Woodgrove Condominium is located on Woodgrove drive close to the American International School and is popular with expats and is located next to a landed enclave that is also popular with expats. Many students either walk, scooter or bike to school. These areas form a potential pool of clients for those looking to invest for rental income and using that income to help cover loan repayments. The asking rental per month for this 4 bedroom penthouse unit is $7000 per month and is negotiable. For those looking to invest for rental income, the selling price of $2million is also negotiable. On a psf basis, this is an attractive investment when compared to other recent projects in the neighbourhood.

Living in Woodgrove Condo is also very convenient and is probably the most convenient condo to live in along Woodlands Avenue 1. Right across the road from the main entrance is The Woodgrove, a shopping center with NTUC Finest as the anchor tenant. There are 4 food and beverage outlets including a coffee shop selling hawker fare and local stir fry menus, a muslim coffee shop with delectable pratas and bryani and a perennial favorite - Loy Kee chicken rice. For western cuisine, Bojangles offers that and a great place to chill out with a cold one after work. Other conveniences at The Woodgrove include Guardian Pharmacy, a pet supplies store, a barber, hair saloons, high end bike shop, a florist, a music school, tuition center, preschool and a stationery outlet.

Woodlands and Marsiling MRT stations are within walking distances and are conveniently reached by bus. Several schools are closeby catering to both primary, secondary, junior college and polytechnic levels. Well known schools such as the Republic Polytechnic, Singapore Sports School are within walking distance.

For photos of the penthouse unit available for sale or rent, please visit gallery using the menus above or by clicking here.

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Location of Woodgrove Drive in Google Maps:

 

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Contact Us

Interested buyers, please call or text Faith at +65 97323160 or send an email to faithchngsb@gmail.com

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Yio Chu Kang Corner Terrace House for Resale - Sold Rating: 5.0 out of 5 | Review By: Faith Chng | HUTTONS ASIA PTE LTD | CEA Reg. No. L3008899K / R049367A | Connect with Faith Chng @