Retail

Double Storey Shoplot in Gelugor Penang

Gelugor, Pulau Pinang Malaysia
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1993
Tenure Type Leasehold
Building Area Gross
Land Area Gross ()
Number of units 2
Occupancy 100.0 %

Asset Description

The subject property is an intermediate double-storey shop office located along Lorong Helang 2, Gelugor, Pulau Pinang. It has easy access to one of the main road in Penang, Jalan Sultan Azlan Shah (connecting Bayan Lapas and George Town).

Investment Highlights

  • Strategically Located in Gelugor, Pulau Pinang with Great Connectivity to Jalan Sultan Azlan Shah (connecting Bayan Lepas to George Town)
  • Distance: approx. 8.5 km away from Penang International Airport & approx. 11 km away from George Town, Penang).
  • Surrounding Landmarks: Lotus’s hypermarket & Universiti Sains Malaysia (USM), U Hotel Penang
  • Well Maintained and Refurbished Unit
  • Land Area: approx. 1,195 square feet 
  • Built-up Area: approx. 2,250 square feet
  • Existing Tenant with an Attractive Yield


Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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