Property

PROPERTY for SALE Commercial Shops

Malaysia, West M'sia - North

Price Range

$5.0M - $7.0M

Capacity

Size

8800.0 sq ft

Rooms

Description

Shop in Penang for Sale:

Worthy buy! don't miss!


* In Georgetown, Penang (Little India area)
* Freehold shop, Heritage bldg
* Its whole 3 storey Building.
* Land area abt 2900 sqft per flr
* Total Build-up area  abt 8800 sqft
* Concrete building
* Fully renovated;  fitted with Air-Cons, Camera & Internet
* Be vacant on sale
* MBPP parking facilities
* Huge potential
*  Lots of renown eateries and retail outlets
*   Its a tourist spot
Price reduced  RM7.0m -->RM6.6m

Benefits/ Potentials
*
Its Freehold & whole building
* Big land area ~2900 sqft
* Its  2-3x bigger than the normal shop size
* since its Urgent Sale, can try lower price, RM6.6m
* Thus, built-up rate is below RM760 psqf
* Renovation spent RM600k & looks new 
*  Rental return is above 3%
* In busy location: Tourist spot
   always got demand (only matter of price)
   can let-out easily
* Strategic property with 2 diff entrances; 
   thus, can have 2 separate units, tenants, etc

Worthy buy! don't miss!


Pls call KESH +65-9009-9036 for more details
(All details are subject to re-confirmation)
WApp KESH +65-9009-9036 for more info

Other Details

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