Tenanted Industrial 36,000 Sq.Ft Factory for Sale Bukit Minyak Penang 1
5

Bukit Minyak, Penang

RM 2,800,000

Warehouse / Factory For Sale

, posted 8 hours ago
RM 2,800,000Bukit Minyak, Penang
PhotoCrop

36,000

 sq.ft

Description

Tenanted Industrial 36,000 Sq.Ft Factory for Sale Bukit Minyak Penang

An income-generating industrial factory in the established Bukit Minyak Industrial Park, Simpang Ampat. The property is currently tenanted at RM65,000 per month, offering immediate rental income for an industrial property investor.

PROPERTY DETAILS
Location: Bukit Minyak Industrial Park, Simpang Ampat, Penang
Land area: Approximately 2 acres (87,120 sq ft)
Factory built-up area: Approximately 36,000 sq ft
Tenure: 60-year leasehold, expiring 12 March 2057
Electricity supply: 1,000 Amps
Ceiling height: Approximately 24 ft

TENANCY & INVESTMENT DETAILS
Current rental: RM65,000 per month
Gross annual rental income: RM780,000
Indicative gross rental yield: Approximately 2.79% per annum
Tenancy expiry: 30 November 2027
Sale condition: Buyer must honour the existing tenancy

The asking price excludes the PDC consent fee. Gross rental yield is based on the stated rent and asking price, before expenses and fees.

For further details, the land plan or to arrange a site viewing, contact:

Crystal Tee | REN 26151

Ariel Orient Property Sdn. Bhd.

Property Details

Property Type

Warehouse / Factory

Tenure Type

Leasehold

Remaining Tenure

30 Year(s)

Land Title

Non Bumi Lot

Property agent

IQI Realty Sdn Bhd

Firm: E - 11584, REN 26151

All ads from this advertiser (54 For Sale, 40 For Rent)

Mortgage Estimation

RM 11,742

Estimated monthly installment (Interest rate 3.8%)

⚠️ 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.

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