Leisure Commerce Square, Bandar Sunway, RM 3,750,000

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Description

The unit is currently rented out to a University. The exact space is 13,002 sq ft. The lease started 1 August 2010 and for total of 3 years & additional 2 more years as option to renew. Rental goes up every year and details are:

1st year, 1.90/sq ft total of RM24,703.80/month; RM296,445/ year
2nd year, 2.05/sq ft total of RM26,654.10/month; RM319,849/year
3rd year, 2.22/sq ft total of RM28,864.44/month; RM346,373/year

Maintenance charge is at about RM0.28/sq ft total of RM3564 per month.

Rate of return on investment is about 9.4% based on 3rd year rental rate. At 8.2% if you less out the maintenance charge.

Owner welcome to list.Do not hesitate to call me, Junhew at 016-3354023 for more info or viewing.

Property Details

• QuikPro No:UP1193016
• Property Type:Office
• Tenure:Leasehold 
• Title Type:Strata
• Built-Up:13,200 sq. ft.
• Asking PriceRM 3,750,000
• Unit type:Corner
• Occupancy:Tenanted
• Furnishing:Partly Furnished
• Posted Date:10/04/2012

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