Ipoh

ROI 5.29% - Monthly Rental Collected RM75,000 - Top Location!❈ LOCATION HIGHLIGHTS▸ Prime location in Ipoh city center▸ Just about 5 minutes to Concubine Lane and Ipoh Old Town attractions▸ Only 3 minutes to KMC Medical Centre, catering to medical-related stays▸ Surrounded by government offices, banks, retail streets, restaurants, and clinics▸ Established urban area with solid infrastructure and consistent foot traffic▸ Strong demand from tourists, families, professionals, medical visitors, and business travellers▸ Growth driven by tourism expansion, medical tourism rise, and limited central standalone hotel supply❈ PROPERTY DETAILS▸ Property type: Standalone city hotel▸ Tenure: Leasehold 999 years▸ Land area: Approx. 23,000 sf▸ Built-up area: Approx. 35,700 sf (approx. RM476 psf)▸ Floors: 8 storeys▸ Configuration: 105 fully equipped guest rooms▸ Entry cost: Approx. RM170,000 per room▸ Condition: Recently renovated, saving up to RM5 million in renovation expenses▸ Design & ambiance: Modern, clean, and efficient layout for short stays and tourist demand▸ Facilities & spaces: Lobby, communal areas, back-of-house facilities, and on-site parking▸ Income components: Room rentals, medical stays, long-stay bookings, and parking▸ Current operations: Fully tenanted▸ Rental income: RM75,000 per month▸ Asking price: RM17 million▸ ROI / yield: Approx. 5.29%❈ INVESTMENT EDGE / ADVANTAGES▸ Strategic positioning near tourism and medical hubs▸ Long 999-year leasehold term▸ Attractive entry at RM476 psf and RM170k per room▸ Immediate cash flow with minimal CAPEX▸ Stable yield with potential for long-term appreciation❈ DISCLAIMERContent & photos may differ. Viewing is recommended for accurate assessment.❈ AGENT BRANDINGVIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share❈ PUNCHLINES▸ Prime Ipoh City Hotel▸ Fully Tenanted | Immediate Income▸ Low Entry per Room | Renovation Savings▸ Stable Yield | Long-Term Growth