Austin Heights

FOR SALE | 3-Storey Shoplot @ Austin Heights

Prime commercial 3-storey shoplot located along Jalan Austin Heights 8/x, one of the established and active commercial areas in Austin.

The property is sold with existing tenancies, providing immediate rental income from all three floors.

PROPERTY DETAILS

* 3-Storey Shoplot
* Intermediate Lot
* Land Size: 24' x 70'
* Freehold
* Non-Bumi Lot
* Sold with Existing Tenancies
* Asking Price: RM4,000,000 nett

EXISTING TENANCIES

Ground Floor

* Current Rental: RM8,500/month
* Tenancy until 31 January 2027
* Rental increases to RM9,000/month from 1 February 2027 to 31 January 2028

First Floor

* Rental: RM2,500/month
* Tenancy until 30 November 2026

Second Floor

* Rental: RM2,000/month
* Tenancy until March 2027

RENTAL INCOME

* Current Total Rental: RM13,000/month
* Potential Rental from February 2027: RM13,500/month

INVESTMENT HIGHLIGHTS

* Prime location within Austin Heights commercial hub
* High visibility and strong commercial exposure
* Established F&B, retail, entertainment and service environment
* Existing tenants providing immediate rental income
* Suitable for investors looking for a tenanted commercial property
* Strong surrounding business activity and tenant demand
* Freehold and Non-Bumi Lot

This is an attractive opportunity for investors seeking a strategically located commercial property with existing rental income in Austin Heights.

For further information or viewing arrangements, please contact:

Angela Chong
REN 75568
0.1.2-3.1.3.7.8.1.3

Listing ID: SL7982