RMย 3,888,000
35% Below Market Value | 5-Storey Shoplot | Kampung Air | FOR SALE
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35% Below Market Value | 5-Storey Shoplot | Kampung Air | FOR SALE
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Urgent Sale | 35% Below Market Value | Rare Item | Facing Mainroad | High Exposure ๐ข 5-Storey Shoplot @ Kampung Air, Kota Kinabalu City Centre ๐ Super prime location ยท High foot traffic ยท Surrounded by hotels, eateries & retail ๐ฐ Internal Price: RM3,888,000 ๐ฌ 5-storey building (approx. 1,200 sq.ft per floor) ๐ 35% below bank valuation โณ Leasehold balance approx. 30+ years (extension possible) โจ Current Tenancy & Potential ๐น Ground floor rented to massage centre โ RM6,000/month ๐น 2ndโ5th floors rented to Bilixewa long-term tenant โ RM6,000/month ๐ต Total rental income: RM12,000/month (steady cash flow) But the true value isnโt just the rental โ itโs the opportunity๐ โ Rare full block in KK city centre โ Priced one-third below market value โ Ideal for SPA, Boutique Hotel, F&B, Office, or Service Business โ Not listed publicly โ internal sale only ๐ก Note Buyer to allocate around RM150,000 for lease extension โ can renew now or later (around 10 years). ๐ค Reason for Sale Owners are elderly and no longer wish to manage the property, hence decided to sell internally. ๐ KK City Centre + 35% Below Market = Rare Opportunity For serious buyers who understand location value. ๐ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ๐ฒ Your Appointed Property Negotiator Contact me now for more info or to arrange a viewing! www.wasap.my/60109153143/kampungairshoplot3.888mil Annie Hee REN 46494 +6010-915 3143 The Roof Realty Sdn Bhd 201501022481 (1147810-W)
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