Description
Executive Summary
"Project Mars" presents a unique opportunity for investors or co-working operators to take over a fully fitted and strategically located co-working space near a MRT station in the north. The space is available for takeover from 1 June 2025. This opportunity does not include acquiring an existing business but provides access to a well-equipped location with modern infrastructure, minimizing capital expenditure (CAPEX) and allowing for an immediate operational launch.
Prime Location
Strategic Positioning: Located within a MRT station, "Project Mars" offers unparalleled accessibility for daily commuters and residents. This ensures a steady flow of potential users, including freelancers, students, startups, and small businesses.
Proximity to Key Landmarks: The location serves the western part of Woodlands New Town and is close to Woodlands Checkpoint, facilitating easy access for cross-border commuters and businesses.
Facility Overview
Fully Fitted Workspaces: Includes 20 communal hot desks, private studios, and meeting rooms that can accommodate up to 8 people, expandable to 20 with collapsible walls.
Turnkey-Ready Setup: The location is equipped with:
Enterprise-grade Wi-Fi
Charging ports
Air conditioning
Smart TVs
Phone booths
Printers
Lounge area
Financial Highlights
Revenue Streams: Potential income sources include hourly/daily rentals of hot desks, private studios, long-term leases, and meeting room bookings.
Competitive Pricing Advantage: The existing pricing model offers affordability while ensuring steady revenue generation. Operators can also customize pricing strategies to maximize returns.
Operational Advantages
Existing Infrastructure = Cost Savings: With fully furnished workspaces, high-speed internet, and modern office equipment already in place, new operators can avoid significant CAPEX investment.
Seamless Transition: The location is operationally ready, allowing new management to launch immediately on 1 June 2025 without downtime.
CAPEX Savings
Minimal Setup Costs: The space is already designed for co-working, reducing the need for extensive renovations or equipment purchases.
Established Foot Traffic & Awareness: As a well-known co-working location, "Project Mars" already enjoys local awareness, saving marketing costs for new operators.
Growth Potential
Community-Driven Expansion: The area provides an opportunity to build a thriving co-working community, attracting a diverse clientele from local businesses, startups, and cross-border professionals.
Service Expansion: Operators can introduce membership models, networking events, corporate partnerships, and exclusive amenities to drive long-term engagement.
Conclusion
Taking over "Project Mars" offers immediate entry into Singapore’s thriving co-working market without the overhead of setting up from scratch. With a prime location, modern amenities, and a strong potential user base, this is an excellent opportunity for investors and operators looking to maximize profitability with minimal CAPEX.
Takeover Date: 1 June 2025
Lease Expiry date: 31 March 2028
For further inquiries or to express your interest, please contact us at 9721 8288 or via WhatsApp at https://wa.me/6597218288.
For additional listings, visit our website at https://www.bivety.co/
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