Taman Mount Austin, Johor Bahru, Johor

FOR SALE: Tenanted Freehold Flat at Mount Austin, Johor Bahru
Asking price: RM180,000 negotiable

PROPERTY DETAILS
Block 8B, Mount Austin
Low-cost flat | Level 4
Built-up: 750 sq ft
3 bedrooms | 2 bathrooms
Freehold | Non-Bumi Lot
Original condition

INCLUDED ITEMS
Ceiling fans, lighting and two water heaters

TENANCY DETAILS
Current rental: RM700 per month
Tenant occupying since 2019
Reported consistent payment record
Approximate gross rental yield: 4.7% based on RM180,000 asking price (RM700 x 12 / RM180,000).
Gross yield is before maintenance fees, assessment, quit rent, repairs, financing costs and other expenses.

PRICE & INDICATIVE BANK VALUE
Asking price: RM180,000 negotiable
Indicative bank value: approximately RM200,000
Approximately RM20,000 below indicative bank value.
Bank valuation and financing are subject to buyer eligibility, final valuation and bank approval.

An existing tenancy, practical three-bedroom layout and original condition offering renovation flexibility.

Contact Kelvin Lee to arrange a viewing or a free loan profile check
Show contact number
Vigor Properties Sdn Bhd
WhatsApp: wasap.my/6Show contact number/