Kota Kinabalu, Sabah

Urgent Sale | 35% Below Market Value | Rare Item | Facing Mainroad | High Exposure

🏢 5-Storey Shoplot @ Kampung Air, Kota Kinabalu City Centre
📍 Super prime location · High foot traffic · Surrounded by hotels, eateries & retail

💰 Internal Price: RM3,888,000
🏬 5-storey building (approx. 1,200 sq.ft per floor)
📉 35% below bank valuation
⏳ Leasehold balance approx. 30+ years (extension possible)

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✨ Current Tenancy & Potential
🔹 Ground floor rented to massage centre – RM6,000/month
🔹 2nd–5th floors rented to Bilixewa long-term tenant – RM6,000/month
💵 Total rental income: RM12,000/month (steady cash flow)

But the true value isn’t just the rental — it’s the opportunity👇
✅ Rare full block in KK city centre
✅ Priced one-third below market value
✅ Ideal for SPA, Boutique Hotel, F&B, Office, or Service Business
✅ Not listed publicly – internal sale only

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💡 Note
Buyer to allocate around RM150,000 for lease extension — can renew now or later (around 10 years).

👤 Reason for Sale
Owners are elderly and no longer wish to manage the property, hence decided to sell internally.

📌 KK City Centre + 35% Below Market = Rare Opportunity
For serious buyers who understand location value. 🔒

Contact us today to arrange a private viewing!
Celine Teah Show contact number
REN14439
The Roof Realty Sabah Sdn Bhd
https://wapp.my/6Show contact number