Batu Ferringhi
Jalan Batu Ferringhi, Batu Ferringhi, Penang
RM 12,000,000
Negotiable
10
Baths
21,000
sqft
RM 571.43
psf
Photos
Property details
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About this property
Licensed Budget Hotel and Commercial Shops - Prime Main Road
Prime Commercial Investment Property – For Sale at RM 12 Million (o.n.o.)
A rare opportunity to own a high-yield commercial property in the heart of Batu Ferringhi, Penang’s premier beachfront destination. Strategically located near luxury resorts, high-end condominiums, upscale restaurants, Uplands School, and just a short walk to the sandy beach, this asset enjoys heavy tourist footfall and high vehicle traffic year-round.
The property sits on 1,970 sqm (approx. 21,213.21 sqft) of freehold commercial land with a total built-up of approximately 21,000 sqft, and comprises:
A licensed 42-room ensuite budget hotel with an operating license and an indoor pool
Four main-road frontage shoplots, with strong visibility and exposure. The property currently generates a total gross rental of approximately RM 67,800 per month.
This is a well-positioned income-generating asset with high potential in a prime tourist location.
This is a sale on an as-is basis, ideal for investors seeking immediate passive income. Alternatively, the site offers excellent redevelopment potential for a bespoke commercial venture in one of Penang’s most desirable tourist zones.
Serious offers are welcome.
A rare opportunity to own a high-yield commercial property in the heart of Batu Ferringhi, Penang’s premier beachfront destination. Strategically located near luxury resorts, high-end condominiums, upscale restaurants, Uplands School, and just a short walk to the sandy beach, this asset enjoys heavy tourist footfall and high vehicle traffic year-round.
The property sits on 1,970 sqm (approx. 21,213.21 sqft) of freehold commercial land with a total built-up of approximately 21,000 sqft, and comprises:
A licensed 42-room ensuite budget hotel with an operating license and an indoor pool
Four main-road frontage shoplots, with strong visibility and exposure. The property currently generates a total gross rental of approximately RM 67,800 per month.
This is a well-positioned income-generating asset with high potential in a prime tourist location.
This is a sale on an as-is basis, ideal for investors seeking immediate passive income. Alternatively, the site offers excellent redevelopment potential for a bespoke commercial venture in one of Penang’s most desirable tourist zones.
Serious offers are welcome.
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The unit for sale in Batu Ferringhi, Penang is RM 12,000,000.
No.
Jalan Batu Ferringhi, Batu Ferringhi, Penang.
The estimated loan repayment amount is RM 51,560 / mo.
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