Wangsa Maju, RM 25,000,000

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Description

Enbloc sale
Wisma Rampai is a stand alone 4 storey commercial/office building
A big basement of 109,000 sf for 315 car parks,Car park revenue average RM 25,000 per month
Ground(17,116 sq ft.) & first floor(19,621 sq ft.)& 2nd Floor(19,621 sf) Rented to Jabatan Imigresen at RM 165,000 per month for 3 yrs from 1.6.2010 to 2013 and renewable every 3 yrs.for 9 years.
3rd floors(19,080 sq ft.)-Penthouse,& the Roof Garden, is empty, can rent for RM 50,000 per month,or turn into a budget Hotel with the cafeteria at the roof Garden,
Roof top rented to Digi Telecom Tower & YES at RM 4,000 per month
Post office G Fl at RM 690 per month
Total existing rental RM 194,000 per month or RM 2,328,000 per annum,
Return on Investment of RM 25 mil is 9.3% on simple computation
Current Valuation : RM 30 Millions
Leasehold 99 yrs upon individual strata titles issue to the individual 5 floors.Lease commence when strata titles issued.
the 100,000 sf car park can be used partly for hypermarket/retail/etc
Must view to appreciate,Tan 019-7777155

Property Details

• QuikPro No:UP546550
• Property Type:Office
• Built-Up:185,000 sq. ft.
• Asking PriceRM 25,000,000
• Asking Price psf :RM 135
• Date available:09/07/2010
• Posted Date:01/02/2012

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