Pudu, Kuala Lumpur

FOR SALE!!!

[ 3 STAR HOTEL WITH SKYDECK POOL, FACING MENARA WARISAN MERDEKA 118, KUALA LUMPUR CITY CENTER ]

Situated in the Pudu area, the hotel is the perfect place to experience Kuala Lumpur and its surroundings. The excitement of the city center is only 1.6km away. With its convenient location, the property offers easy access to the city's must-see destinations.

A ten storeys building has a beautiful scenery on the sky deck over the night view which the grills restaurant and swimming pool will be installed for the guests to enjoy with.

Built with connectivity in mind, the mall is easily accessible through major roads and highways and is well-serviced by public transportation.

DETAILS
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• 10 Storey Building with Basement
• Title : Leasehold
• Land Area : 6,000 sqft
• Bulit Up : 54,000 sqft
• 114 Guest Rooms from 170 sqft to 400 sqft
• Covered with fire insurance premium worth RM34 Million
• 2 Unit of Glass Elevator
• Cafe and mini mart been tenanted at 18% on gross sale monthly
• 5000 sqft Space for Conference Room & Mini Swimming Pool
• 20 Parking Basement & Many Free Parking Lot Around
• Marketing Run by OYO Above 70% Occupancy During Normal Season
• Gross Revenue RM200K+ Per Month Exclude Cafe and Mini Mart
• Revenue Keep Increasing Every Year
• Overhead Expenses RM60K / Month
• Yearly Quit Rent (Cukai Tanah) is RM2,568, Assessment (Cukai Taksiran) is RM60,000
• Currently Tenanted At RM125,000 Per Month With 6.25% Rental Yield

FACILITIES
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PUBLIC
• Parking
• Restaurant
• Room Service

IN-ROOM
• Cable TV
• Desk
• Shower Heater
• TV

GENERAL
• Air-Conditioner (AC)
• Family Room
• Non-Smoking Room
• Musolla / Surau / Prayers Room
• High Speed WiFi
• Daily Housekeeping

HOTEL SERVICES
• 24-Hour Receptionist
• Luggage Storage
• Multilingual Staff

EASY ACCESS
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• Jalan Loke Yew
• 500 meter to LRT Pudu
• 500 meter to Kenanga Wholesale Fashion (KWF)
• 800 meter to PNB118 Merdeka Tower
• 1.0 km to Times Square
• 1.2 km to Bukit Bintang
• AKLEH Highway
• MEX Highway
• DUKE Highway

Reason For Selling : Owner Want to Retire and Liquidate All His Assets

BANK FINANCING VALUE : RM36,000,000
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ASKING PRICE : RM24,000,000 NEGOTIABLE
* Lock, Stock & Barrel | As Is Where Is Basis
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* Any interested party can provide a Letter of Intent (LOI), and we can discuss further on the details
* Lawyer & Bank Loan Can Be Arranged

Contact Me For More Info & Viewing

Show contact number
AFIQ RAMLEE
REN 29897
Esprit Estate Agent Sdn. Bhd.
Email : Show contact email
WhatsApp : wa.me/6Show contact number