【 RM650 psf 】Freehold【 4000sf 】Prime Location

❈ KEY LOCATION HIGHLIGHTS

▸ Prime central George Town address near Komtar and 1st Avenue Mall
▸ Easy access to the UNESCO World Heritage tourism zone
▸ Surrounded by popular tourist attractions, cafés, restaurants and retail amenities
▸ Close to The TOP Penang, Prangin Mall and major public-transport connections
▸ Strong catchment from domestic and international travellers

❈ PROPERTY DETAILS

▸ Freehold Guesthouse for Sale
▸ 1 Commercial Lot
▸ Approx. 3 Storeys
▸ Land Area: Approx. 2,000 sf
▸ Built-up: Approx. 4,000 sf
▸ Configuration: Approx. 9 fitted guestrooms
▸ Hotel Facilities: Reception area, guest rooms, communal areas and housekeeping facilities
▸ Asking Price: RM2.6 million
▸ Approx. RM650 psf
▸ Approx. RM289k per room

❈ INVESTMENT EDGE

▸ Rare freehold hospitality property in central George Town
▸ Attractive entry price of only approximately RM650 psf
▸ Existing guesthouse configuration supports faster business commencement
▸ Compact room inventory is easier to manage with lower staffing requirements
▸ Suitable for boutique guesthouse, hostel, co-living or long-stay accommodation
▸ Potential to enhance branding, room rates and online-booking performance

❈ ATTRACTIVE ENTRY

▸ Freehold ownership in a high-demand tourism location
▸ Only RM2.6 million for an operating-format hospitality asset
▸ Strong potential for owner-operation or boutique-brand repositioning

FREEHOLD • CENTRAL GEORGE TOWN • RM650 PSF • RM2.6 MILLION

Property identity, exact location, storeys and room count have been adjusted to safeguard owner privacy. Title, permitted use, facilities and property details are subject to due diligence and verification.