Danga Utama 3.5 Storey Shop Facing Main Road ROI 5.7% Below Bank Value
For Sale
Jalan Pertama 1 @ Danga Utama, Near Sutera Utama, Johor Bahru
Property details
- 3.5 Storey Shop Office - Intermediate Lot - Leasehold (99 Years, Expiry 2111) - Land Size: 22 x 80 (1,760 sqft) - Mezzanine Floor - Facing Skudai Main Road - High Visibility Commercial Unit
- Facing Skudai main road with excellent frontage - Strategic location near Sutera Utama commercial hub - Entire building currently tenanted for immediate rental yield - Strong passive income opportunity for investors - Rare commercial unit with mezzanine configuration - Approximately RM450,000 below bank valuation - Attractive entry price with upside potential
Location
- Located within the established Danga Utama commercial precinct - Near Sutera Mall, Sutera Utama and Taman Perling - Easy access to Skudai Highway and Johor Bahru City Centre - Convenient connectivity to CIQ and Singapore - Surrounded by offices, retail outlets, eateries and business establishments
Asking Price: RM1,750,000 (Negotiable) Bank Value: RM2,200,000 (PBB)
⚠️ 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.
⚠️ 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.