35% Below Market Value | 5-Storey Shoplot | Kampung Air | FOR SALE
Urgent Sale | 35% Below Market Value | Rare Item | Facing Mainroad | High Exposure
๐ข 5-Storey Shoplot @ Kampung Air, Kota Kinabalu City Centre ๐ Super prime location ยท High foot traffic ยท Surrounded by hotels, eateries & retail
๐ฐ Internal Price: RM3,888,000 ๐ฌ 5-storey building (approx. 1,200 sq.ft per floor) ๐ 35% below bank valuation โณ Leasehold balance approx. 30+ years (extension possible)
โจ Current Tenancy & Potential ๐น Ground floor rented to massage centre โ RM6,000/month ๐น 2ndโ5th floors rented to Bilixewa long-term tenant โ RM6,000/month ๐ต Total rental income: RM12,000/month (steady cash flow)
But the true value isnโt just the rental โ itโs the opportunity๐ โ Rare full block in KK city centre โ Priced one-third below market value โ Ideal for SPA, Boutique Hotel, F&B, Office, or Service Business โ Not listed publicly โ internal sale only
๐ก Note Buyer to allocate around RM150,000 for lease extension โ can renew now or later (around 10 years).
๐ค Reason for Sale Owners are elderly and no longer wish to manage the property, hence decided to sell internally.
๐ KK City Centre + 35% Below Market = Rare Opportunity For serious buyers who understand location value. ๐ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
๐ฒ Your Appointed Property Negotiator Contact me now for more info or to arrange a viewing! www.wasap.my/6/kampungairshoplot3.888mil
Annie Hee REN 46494 +6 The Roof Realty Sdn Bhd 2 (1147810-W)
โ ๏ธ 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.
โ ๏ธ 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.