Evoke Residence 1
9

Evoke Residence, Perai, Penang

RM 550,000

Condominium For Sale

, posted 2 weeks ago
RM 550,000Evoke Residence, Perai, Penang
PhotoCrop

1,100

 sq.ft

Bed

5

 Bed

Bath

2

 Bath

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200K+ reviews

Description

Condo for investment

*High-Yield [Evoke Residensi ] For Sale – Fully Renovated Room Rental Investment*
Attention Investors! Looking for a hassle-free, high-return property with a Gross ROI of 8%+? This unit has been strategically converted, fully renovated, and optimized specifically for the booming co-living/room rental market. Skip the renovation headaches and start collecting rent from Day 1.
💰 Incredibly Attractive Rental Yields & Positive Cashflow
This property is a pure cash cow designed to beat standard bank mortgage commitments easily.
Room 1: RM 900 (Occupied)
Room 2: RM 700 (Potential)
Room 3: RM 600 (Potential)
Room 4: RM 550 (Occupied)
Room 5: RM 450 (Potential)
Carpark 1: RM 150 (Potential)
Carpark 2: RM 150 (Potential)

📈 Total Potential Revenue: RM 3,350 / month (RM 40,200 / year)
💸 Current Existing Income: RM 1,450 / month (Comfortably covers more than half the mortgage with only 2 tenants!)

🧮 Investor Financial Breakdown (Based on RM 500k Value)
Potential Gross ROI: 8.04% p.a.
Estimated Monthly Bank Commitment: ~RM 2,150 / month (Assuming 90% loan, 4.25% interest, 30-year tenure)
Potential Monthly Surplus: +RM 1,200 / month in positive cashflow when fully occupied!
🔑 Key Investment Features
Turnkey Co-Living Concept: High-quality, modern renovation optimized for sub-letting to young professionals or students.
Immediate Income Protection: Comes with reliable, existing tenants paying a combined RM 1,450/month.
Dual Parking Maximizer: 2 dedicated carparks can be rented out separately at RM 150 each to further squeeze out high yields.
Massive Savings: Save at least RM 40k–50k in renovation costs, permits, and 2-3 months of empty holding costs during construction. It's already done for you.
📞 Secure This Cash Cow Today!
Properties already structured cleanly for high-yield co-living investments rarely stay on the market long.
For viewing appointments, exact location details, or financial discussions, contact:
[Name : Ealingoo]
📱 []
🏢 [Direct Owner]

Property Details

Property Type

Condominium

Carpark

2

Floor Range

Medium

Tenure Type

Freehold

Land Title

Non Bumi Lot

About Evoke Residence

DEVELOPED BY UDA HOLDINGS BERHAD

Lorong Pauh Jaya 1/1, Taman Pauh Jaya, 13500 Perai, Penang

More on Evoke Residence

Completion Year

2020

No. of Floors

35

More on Evoke Residence

Facilities

Parking

Security

Lift

Swimming Pool

Playground

Gymnasium

Sauna

Barbeque area

Multipurpose hall

Club house

Jogging Track

Private advertiser

Joined since: Aug 2018

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Mortgage Estimation

RM 2,306

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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