Hotel with 114 rooms in KL city FOR URGENT SALE !!

DIRECT OWNER
URGENT TAKE OVER !!
A tenanted 3 star hotel located at 1 km to Bukit Bintang.

CURRENT VALUE RM30m
ASKING PRICE RM20m nego
Special nego for CASH BUYER
ROi above 6%
SELLING AS IS WHERE IS BASIS

A SERIOUS INTERESTED PARTY NEED TO PUT MINIMUM 2% AS EARNEST DEPOSIT PAYABLE TO THE LAWYER

THE BALANCE OF PURCHASE PRICE SHALL BE PAID WITHIN 3 MONTHS FROM THE DATE OF THE S&P.

DETAILS OF THE PROPERTY

■ 114 rooms
■ Newly refurbished with cost of RM304k
■ Tenanted at RM100k per month untill Mac 2028 with option to renew.
■ Remaining lease is 46 years but extension of leasehold has approved for 99 years with premium of RM314k unpaid - need to reapply.
■ 2 glass door elevetors
■ Land area 6,000 sq.ft
■ BU Gross 58,000 sq.ft
■ Restaurants
■ Minimarts
■ 6 private parking
■ 30 lots free parking
■ 2 lots bus lay-by
■ Conference rooms 70 pax
■ Skydeck 2,500 sq.ft.
■ Swimming pools (can reinstate)
■ Gym
■ Laundry shop

Midaris Group
Whatsapp for details Show contact number