Expired Listing
Sorry, the property listing you're trying to view is no longer active. This may
mean that the listing that you searched for has expired or the property has been
taken off the market.
Please have a look at other active listings that fulfill similar criteria at the
bottom of this page.
Sri Petaling, RM 3,018,888
Get Directions HereJalan Radin Bagus, Sri Petaling, Kuala Lumpur, Bandar Baru Seri Petaling, 57000, Kuala Lumpur
Description
This unit is under Phase 3 development of shop-office within the new biz center in Sri Petaling township. To be completed in 3 years time.
Surrounding shops 98% occupancy rate by banks, F&B, franchisees etc. frm Grd flr all to 3rd flr.
No gestation time, new shops before VC, all pre-booked by biz tenants.
Current rental rate, 8.8k Grd Flr, 2.5k 1st Flr, 2k 2nd Flr, giving a 5.3% return rate. Market rate of available shops now selling for 3.2m, thus this unit selling below market rate.
For those who knows Sri Petaling, it is a town where access is easy to all directions of Klang Valley. Be it Petaling Jaya, Old Klang Rd, Serdang, KLCC, OUG, Puchong, Sunway, Bukit Jalil and Cheras, it is only within 30 mins drive only. Thus, a lot of passing-by customers, making it a commercial hub.
Although, leasehold in nature, Sri Petaling has special privilege where no state consent and renewal of premium is required, thus equivalent to freehold.
This is a last call for serious investors.
Property Details
- QuikPro No:UP1334764
- Property Type:Shop-Office
- Tenure:Leasehold
- Title Type:Individual
- Land Area:24 x 80 sq. ft.
- Built-Up:5,760 sq. ft.
- Asking PriceRM 3,018,888
- Asking Price psf :RM 524
- Unit type:Intermediate
- Furnishing:Unfurnished
- Facing Direction:East
- Posted Date:01/02/2012
- Facilities:Business Centre, Mini Market, Salon
