![[ 64 Rooms ] 6 Storey Commercial Hotel Building For Sale Georgetown 1](https://cdn.rnudah.com/images/plain/a9964a9009ea9f8e3c979096043db985-2973667812263498603.jpg)
8
Georgetown, Penang
RM 23,000,000Hotel / Resort For Sale
, posted 1 day ago
38,000
sq.ft
Description
[ 64 Rooms ] 6 Storey Commercial Hotel Building For Sale Georgetown
6 Storey Hotel Building For Sale
Strategically located in the heart of Georgetown city centre, along Argyll Road (Jalan Argyll), within walking distance to major tourist attractions and surrounded by established hotels, eateries and public amenities.
An exceptional opportunity for investors and hotel operators to acquire a ready hospitality asset in Penang’s prime tourism zone.
Property Details
- Total 64 Rooms
- 16 Designated Hotel Parking Bays
- Land Size: 9,975 sqft
- Built-Up: Approx. 38,000 sqft
- 6 Storeys Purpose-Built Hotel
Strong fundamentals with sizeable land, generous built-up space and solid operational layout — ideal for boutique branding, repositioning, or long-term income investment.
Positioned within Georgetown’s high-demand hospitality belt, benefiting from consistent tourist arrivals and strong occupancy potential.
Suitable for:
* Hotel Operators seeking expansion
* Boutique Hotel Branding
* Hospitality Investors targeting recurring yield
* Asset Repositioning & Value-Add Strategy
Asking Price: RM23,000,000 (Negotiable)
For viewing arrangement, please call or WhatsApp:
CJ +6 ( REN 43735 )
ESP Properties Sdn Bhd
Strategically located in the heart of Georgetown city centre, along Argyll Road (Jalan Argyll), within walking distance to major tourist attractions and surrounded by established hotels, eateries and public amenities.
An exceptional opportunity for investors and hotel operators to acquire a ready hospitality asset in Penang’s prime tourism zone.
Property Details
- Total 64 Rooms
- 16 Designated Hotel Parking Bays
- Land Size: 9,975 sqft
- Built-Up: Approx. 38,000 sqft
- 6 Storeys Purpose-Built Hotel
Strong fundamentals with sizeable land, generous built-up space and solid operational layout — ideal for boutique branding, repositioning, or long-term income investment.
Positioned within Georgetown’s high-demand hospitality belt, benefiting from consistent tourist arrivals and strong occupancy potential.
Suitable for:
* Hotel Operators seeking expansion
* Boutique Hotel Branding
* Hospitality Investors targeting recurring yield
* Asset Repositioning & Value-Add Strategy
Asking Price: RM23,000,000 (Negotiable)
For viewing arrangement, please call or WhatsApp:
CJ +6 ( REN 43735 )
ESP Properties Sdn Bhd
Property Details
Property Type
Hotel / Resort
Tenure Type
Freehold
Land Title
Non Bumi Lot
Facilities
Parking
Lift
Multipurpose hall
Property agent
ESP PROPERTIES
Firm: E - 11536, REN 43735
All ads from this advertiser (36 For Sale, 15 For Rent)
Mortgage Estimation
RM 96,453
Estimated monthly installment (Interest rate 3.8%)
⚠️ 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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