Bay Avenue
Bay Avenue, Bayan Lepas, Penang
RM 3,300,000
Negotiable
6
Baths
3,874
sqft
RM 851.83
psf
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About this property
Bayan Bay 3 Storey Commercial Property - Main Road Frontage
Strategically located along the main road within Bayan Bay, Bayan Lepas, this three-storey commercial property enjoys excellent visibility and accessibility in one of Penang’s most established commercial hubs. Just minutes from Queensbay Mall, Penang International Airport, and the Bayan Lepas industrial zone, it offers a prime location for both investors and owner-occupiers.
The property comprises approximately 3,874 sq.ft. of built-up area over three levels. The ground floor is currently tenanted at RM6,000 per month until 31 March 2027. The first floor is rented at RM2,800 per month with tenancy expiring on 31 December 2027. The top floor is vacant and is estimated to achieve approximately RM2,000 per month in rental income.
Offered at RM3.3 million, this leasehold commercial asset presents an attractive opportunity to secure a prominent income-generating property.
The property comprises approximately 3,874 sq.ft. of built-up area over three levels. The ground floor is currently tenanted at RM6,000 per month until 31 March 2027. The first floor is rented at RM2,800 per month with tenancy expiring on 31 December 2027. The top floor is vacant and is estimated to achieve approximately RM2,000 per month in rental income.
Offered at RM3.3 million, this leasehold commercial asset presents an attractive opportunity to secure a prominent income-generating property.
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The unit for sale in Bay Avenue, Bayan Lepas is RM 3,300,000.
No.
Bay Avenue, Bayan Lepas, Penang.
The estimated loan repayment amount is RM 14,179 / mo.
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