Service Residence For Sale

, posted 3 days ago
RM 628,000The Shore (Melaka City), Melaka City, Melaka

1,232

 sq.ft

3

 Bed

2

 Bath

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Description

11.5% ROI!! Freehold Condo 1,232 sqft The Shore Melaka 3 Bedroom

🔥 THE SHORE MELAKA | 3-BEDROOM FREEHOLD | RM628K
💰 ~11.5% GROSS RETURN POTENTIAL

INVESTMENT PROPERTY WITH EXISTING HOMESTAY OPERATION

🏢 PROPERTY DETAILS
• The Shore, Melaka
• Level 12
• FREEHOLD
• 1,232 sqft
• 3 Bedrooms | 2 Bathrooms
• Fully Furnished
• Well Maintained
• City & River View

💰 ASKING PRICE: RM628,000

📊 HOMESTAY PERFORMANCE
• Average gross revenue: ~RM6,000/month
• Operating history: 3 years
• Estimated gross annual revenue: ~RM72,000
• Approx. 11.5% gross return based on current asking price

✨ WHY THIS UNIT?

✔️ Existing homestay business
✔️ Established operating track record
✔️ 3-bedroom layout suitable for family/group stays
✔️ Fully furnished and ready to operate
✔️ Freehold property
✔️ High-floor unit
✔️ Attractive city & river view
✔️ Strategic Melaka city-centre location


🔥 RM628K | FREEHOLD | 3 BEDROOMS | ~11.5% GROSS RETURN POTENTIAL

Property Details

Property Type

Service Residence

Floor Range

High

Tenure Type

Freehold

Land Title

Non Bumi Lot

About The Shore (Melaka City)

DEVELOPED BY KERJAYA HOTEL SDN BHD

Jalan Persisiran Bunga Raya, 75100 Melaka City, Melaka

More on The Shore (Melaka City)

Completion Year

2014

No. of Floors

43

Facilities

Parking

Security

Lift

Swimming Pool

Playground

Gymnasium

Sauna

Barbeque area

Minimart

Multipurpose hall

Tennis Court

Property agent

IQI Realty Sdn Bhd

Firm: E - 30812, REN 21741

All ads from this advertiser (55 For Sale, 62 For Rent)

Mortgage Estimation

⚠️ This is for reference only and is not a quote. Results vary according to different financial institutions. Mudah.my doesn't guarantee it's accuracy or applicability to your circumstances.

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