【 12 Adjoin-Lots 】Freehold【 Corner 】15,282sf【 Tourist Hotspot 】

❈ KEY LOCATION HIGHLIGHTS

▸ Prime location in George Town, Penang, near the UNESCO World Heritage precinct
▸ Encircled by established retail shops, restaurants, hotels, offices and local businesses
▸ Moments to KOMTAR, 1st Avenue Mall, Prangin Mall, Armenian Street and Weld Quay
▸ Convenient access to Jalan C.Y. Choy, Lebuh Pantai and major city roads
▸ Strong catchment from local residents, tourists, office workers and business operators
▸ Suitable for retail, F&B, boutique hotel, corporate office or investment purposes

❈ PROPERTY DETAILS

▸ Freehold Commercial Block For Sale
▸ A Row of 12 Adjoining Shop Lots
▸ Approx. 4 Storeys
▸ Prominent Corner Position
▸ Land Area: Approx. 8,035 sf
▸ Built-up: Approx. 15,282 sf
▸ Asking Price: RM20 million
▸ Approx. RM1,309 psf based on built-up
▸ Approx. RM1.67 million per shop lot

❈ INVESTMENT EDGE

▸ Rare opportunity to acquire 12 adjoining commercial lots under one transaction
▸ Extensive frontage provides excellent visibility, branding exposure and multiple access points
▸ Flexible configuration allows individual leasing, unified operation or future repositioning
▸ Multiple lots provide diversified rental-income potential and reduced reliance on a single tenant
▸ Suitable for a hotel, corporate headquarters, education centre, medical centre, supermarket, showroom, F&B hub or investment holding, subject to approval

❈ ATTRACTIVE ENTRY

▸ Large-scale freehold commercial asset with strong operational flexibility
▸ Corner positioning and continuous frontage enhance long-term commercial appeal
▸ Potential to increase value through refurbishment, tenant-mix enhancement and rental optimisation

Freehold • 12 Adjoining Lots • Corner Block • 15,282 sf

Disclaimer: Details have been adjusted for owner privacy and are subject to verification and applicable approvals.