Ready Hotel at George Town UNESCO Zone Freehold Hotel Building RM22M

This is a premier hotel investment opportunity situated in the center of George Town, Penang. Strategically located within the UNESCO World Heritage Core Zone, the property provides outstanding access to key tourist destinations such as Chinatown, Little India, and various historical sites.

(A) Property Details
+ Property Type: Hotel Building
+ Location: George Town UNESCO World Heritage Core Zone, Penang
+ Land Area: 9,622 sq ft
+ Built-up Area: approx. 38,000 sq ft
+ Number of Storeys: 6
+ Total Rooms: 64
+ Tenure: Freehold
+ Ground Floor: Lobby and car park
+ Selling Price: RM22,000,000

(B) Room Breakdown
+ 48 furnished rooms
+ 12 unfurnished rooms
+ 4 suites

All rooms are equipped with private attached bathrooms.

(C) Highlights
+ Situated in the prime UNESCO World Heritage tourism area
+ Freehold commercial property in a highly desirable location
+ Existing hotel infrastructure and operational inventory included
+ Robust tourism demand with significant potential for renovation or repositioning
+ Unique large-scale hospitality investment opportunity in George Town

Contact now for additional details or to schedule a private viewing.