Gombak, RM 4,200,000
Get Directions HereMedan Idaman, Danau Kota, Setapak, Kuala Lumpur
BrochureDescription
Selling price : RM 4,200,000
Tenants : Fully tenanted For All 3 1/2 Storey.
Ground & Mezzanine : RM14,500 (Bata for 3+3+3 years from 1/3/2011. Next rental increase is to RM18,500 and then 15% increment for the 3rd term)
1st Floor : RM2,500 (Tuition Centre for 2+1 years from 1/2/2011. Next term of increment is capped at 10%)
2nd Floor : RM2,000 (Snooker Center for 3+3 years from 1/5/2011. Next term of increment is capped at 15%)
Total Rental : RM19,000 (Rental in Year 2014 is RM23,550)
Investment yield : 5.5% (current yield) - 6.7% yield in year 2014.
This row of shop is the only row of shop facing main road Jalan Gombak.
And it is the only row of vibrant commercial shops aong Jalan Gombak with Universiti Islam Antarabangsa (UIA) down the road housing 20,000 students with 25% of foreign students from Middle East residing in the neighbourhood.
The crowd traffic in this shop area is non stop from 11am until midnight as you can see the number of 24 hour retailers in this row of shops.
There are only 25 units of shops on this row. Average ground floor rental in this area is RM12,000 - RM15,000.
Along this same row, the neighbouring shops are as follows :-
1. Clinic
2/3/4. Public Bank (3 adjoining shops)
5. 24-hour Mamak
6. Pasaraya KK
7. 24-hour Mamak
8. Foto Zzoom
9. Bata
10. Vitacare
11. Stationery Shop
12. Clinic
13. Focal Point
14. Clinic
15/16. Electrical Shop (2 adjoining shops)
17. Guardian
18. Clinic
19. 7-Eleven
20. KFC
21. Mcdonalds (24-hour)
22/23/24/25 : Pasaraya Ong Tai Kim (Owner of Village Grocer)
Call Jimmy At 016-2363388 For More Information
Property Details
- QuikPro No:UP1064023
- Property Type:Shop
- Tenure:Freehold
- Title Type:Individual
- Land Area:24x75 sq. ft.
- Built-Up:6,960 sq. ft.
- Asking PriceRM 4,200,000
- Unit type:Intermediate
- Occupancy:Tenanted
- Furnishing:Fully Furnished
- Posted Date:15/05/2012
Send An Enquiry Now
- Name :Jimmy Tan
- Company :iProp Realty Sdn Bhd
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