Wangsa Maju, Kuala Lumpur

4-Storey Shoplot Wangsa Melawati Freehold with 6% ROI

Freehold | Non-Bumi | Fully Tenanted | Income Producing
Asking Price: RM3,200,000
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Property Details
• 4-Storey Shoplot
• Freehold (Non-Bumi)
• Land Size: 20’ x 65’ (Approx. 1,300 sqft per floor)
• Estimated Total Built-up: ±5,200 sqft
• Individual Title
• Newer phase development
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Tenancy & Rental Income
Fully tenanted with diversified rental stream.
Current Estimated Monthly Rental:
• Ground Floor (Restaurant): Approx. RM4,800
• 1st Floor (Office): Approx. RM2,200
• 2nd & 3rd Floors (26 rooms – lodging use):
o Standard Room: RM300 – RM350
o Window Room (6 units): RM380 – RM430
Estimated Lodging Collection: Approx. RM9,000/month
Estimated Total Rental: Approx. RM16,000/month
Estimated Annual Rental: Approx. RM192,000/year
Estimated ROI based on asking price: Approximately 6% per annum (subject to tenancy verification).
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Lodging Setup (2nd & 3rd Floor)
• 26 rooms (Renovation cost approx. RM300,000)
• Bed provided
• Clothes hanger
• 2 power sockets per room
• Exhaust fan
• Security tag access system
• 24-hour CCTV
• Water heater and water pump in toilets
• Lodging use only (no cooking allowed)
• Well maintained condition
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Location
Jalan Wangsa Setia 3, Wangsa Melawati
Established commercial area with consistent rental demand.
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Contact for Viewing:
AHMAD GADAFI MD NOR
IQI Realty
Show contact number