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WTS 3 STY BIG SIZED SHOWROOM AT DATO KERAMAT

Discussion in 'Penang Property' started by Leonard Soon, Jan 30, 2018.

  1. For Sale: 3 STY BIG SIZED SHOWROOM AT DATO KERAMAT
    Location: Georgetown, Penang
    Type: Shop
    Price: RM3950000
    Size: 5000 sqft

    Details:
    3sty BIG-SIZED full glass showroom shophouse at busy main road with the Famous International Corporate tenant AT RM 11,000 per month
    Urgent Sale: RM 3.95m nego
    NO GST! & Loan under commercial 85%
    LA: 1900sf & BU: 5000sf
    - Freehold
    - Showroom styled Full Glass Facade
    - Renovated & High ceiling
    - Great exposure from main road
    - Heavy traffic flow during day & night
    - Plenty parking lots at own frontage
    - (Rare in market) All units on same row are occupied
    - Now tenanting to International company at RM 11000/m and they will lease for long term 8-12years more and would increase 10% every year [ Yes! 10% Every Year ](Tenant is a very good paymaster since 2013 - 5 years renewed now)
    - A very strategic location at the center of town
    - Bank value can no problem (checked with banker) & commercial loan 85%
    - Main road commercial with carparks appreciate faster
    - A rare below market value unit for sale; surrounding similar big-sized shophouses asking for 4.2m-4.5m
    Please Call or Whatsapp to Frankie Soon 012-4736818 for more infomation and arrange viewing.


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