Others, Melaka

INVESTMENT HOTEL FOR SALE – MELAKA CITY CENTRE

Asking Price: RM7.5 Million

PROPERTY DETAILS

• 53 Hotel Rooms
• 5 Separate Titles
• Total Land Area: Approx. 5,726 sqft (532 m²)
• 5 Adjoining Lots
• Leasehold – 99 Years
• Lease Expiry: 18 July 2101
• Land Category: Building
• Express Condition: Commercial Building (Shop/Office)
• Transfer subject to State Authority consent
• Strategic Melaka City Centre location

INVESTMENT / TENANCY

• Existing hotel operation
• Currently tenanted
• Rental: RM30,000/month
• Annual Rental: RM360,000
• Approx. 4.8% Gross Yield based on asking price
• Existing tenancy until 2030
• Tenant currently bears property/operational expenses
• Current operating licence/approvals under tenant/operator
• Hotel operational furniture, fittings & equipment belong to tenant/operator

HOTEL FACILITIES

• Training / Function Halls
• Cafeteria
• Lift
• Commercial Kitchen Area

INVESTMENT HIGHLIGHTS

• Income-generating hotel property
• Existing rental income from current tenant/operator
• 5 adjoining commercial titles under one hotel property
• Long remaining lease tenure until 2101
• Located within Melaka City Centre
• Suitable for investment holding or future hotel operation

SUITABLE FOR

• Property Investor
• Hotel Investor
• Hotel Operator

IMPORTANT TENANCY NOTE

In the event of a sale, continuation or termination of the existing tenancy is subject to the tenancy terms, including a 3-month notice provision.

STRICTLY PRIVATE & CONFIDENTIAL

Exact location, hotel identity, title documents & tenancy details will only be disclosed to serious/qualified prospects.

For viewing and appointment, please do not hesitate to contact:

Omar Hamid (REN 03860)
Show contact number
Real Estate Negotiator
AFZ REALTY SDN BHD