Tuesday 15 September 2015

4 Storey Shop at Lrg Merbau, Off Jln Kenanga, Kuala Lumpur



An intermediate shop unit.
All fully rented & tenanted.
Monthly rental collection not less than RM 27,000 per month (Good ROI Rental income).
4 Storey type.
Walk up unit at side of frontage.
Shop opening at 20ft x 126ft in length.
Land area of 2,547sf.
Total built up area of 7,540sf.
Every floor comes with 2 toilets.

This is a Freehold unit Registered under DBKL @ Wilayah Persekutuan Kuala Lumpur.
Yearly annual Land Tax at RM 1,091per year.
Valuation have been made by Raine & Horne International at RM 6.4 million (since 24 April 2013.
Rate per square feet at RM 849 psf. (calculated by April 2013)
KLCC has more demanding price over than 2 times this area per square feet.

All the existing owners are old & needs to sell this building immediately.
Buyers can be Local @ Foreighners.
The Buyer can still maintain all existing Tenants @ change to own business.
Recommended New Business can be as:-
~ Total Office space
~ Total Hypermarket @ Supermarket
~ Budget Hotel (since this area generates high demand of Budget Hotel needs)

Area is walking distance to:-
~ Bukit Bintang Mall area
~ Berjaya Time Square Mall
~ Star LRT Station
~ Monorail Station
~ Medeka Stadium
~ Puduraya
~ Petaling Street
~ etc.

Relevant to any purchase, the owners have appointed their own Lawyer to the Sales Transaction Process.
Please make a visit to view the place first before making any appointment. The address is as below:-

No xx, Lorong Merbau, Off jalan Kenanga, 55200 Kuala Lumpur.

Owner's asking price is at RM 6.4 Million now (based on the 2013 market value)

Call:-
En Putra (REN 00201)
IEC Properties
012-2615337
010-3056823

Thank you.

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