Relau, Penang

Freehold Shop Lot in High-Density Relau – Excellent Investment Opportunity

A gated and guarded apartment shop lot in the high-density area of Relau is now available for sale.

The property is a freehold 603 sq ft shop lot, currently tenanted and generating RM1,500 rental income per month. The unit comes with 1 designated car park, 1 toilet and 1 bathroom, and benefits from both front and rear entrances, providing convenient access and flexibility for various businesses.

One of the key advantages of this property is the limited availability of shop units within the surrounding residential community. Relau has a high concentration of high-rise residential developments, creating a strong and established catchment of residents and potential customers.

With very few commercial units available in the area, shop lots like this are highly sought after in the rental market, making this property an attractive option for investors looking for steady rental demand and long-term investment potential.

The unit is currently rented at RM1,500 per month, while the car park can potentially be rented separately for approximately RM120 per month if preferred.

Property Highlights:
• Freehold
• 603 sq ft
• Gated & guarded environment
• 1 designated car park
• 1 toilet + 1 bathroom
• Front & rear entrances
• Currently tenanted at RM1,500/month
• Car park rental potential: approx. RM120/month
• Low maintenance fee: only RM82.50/month
• Located in a high-density residential area
• Limited shop units available in the surrounding area
• Strong rental demand from the surrounding residential population
• Suitable for investment or own business use

A rare opportunity to own a freehold commercial unit in a densely populated residential catchment with limited competing shop lots.

Please contact me to get link for more pictures, a full 360° virtual tour, video presentation and even 3D layout plan at Raymond Loo Show contact number (E3205) of Regene Heritage Realty E(3)2159.