Jalan Tiong Nam Chow Kit
Jalan Tiong Nam, Kuala Lumpur
RM 19,500,000
Negotiable
7
Baths
26,000
sqft
RM 750.00
psf
260 m (3 mins) from Chow Kit
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About this property
Off Jalan Raja Laut Freehold 4-Storey Hotel Building 53 Rooms
FREEHOLD HOTEL PROPERTY IN THE HEART OF KUALA LUMPUR
Jalan Tiong Nam, off Jalan Raja Laut, 50350 Kuala Lumpur
A unique opportunity to own a fully built, freehold hotel with hotel, spa, restaurant and retail income under one roof. This lift-served 4-storey corner property has 53 rooms and is ready for an operator or investor to take over.
PROPERTY FEATURES
Ground floor: restaurant with kitchen, 3 shops of varying sizes, hotel reception and lobby
1st floor: 13 rooms (1 without bathroom), 2 lounge areas, dining area with mini-kitchen, lobby and reception, plus steam and sauna baths for a spa
2nd and 3rd floors: 38 hotel rooms
Rooftop: 4 hotel rooms and several storage spaces
Lift access to all floors
WHY IT STANDS OUT
Four income streams in a single freehold asset: room revenue, spa, F&B and shop rentals. The spa facilities, restaurant kitchen and ground-floor shops are already in place, so there is no need to start from scratch.
PRIME CHOW KIT LOCATION
Off Jalan Raja Laut, close to Jalan Tuanku Abdul Rahman, SOGO and Pertama Complex. Chow Kit and Sultan Ismail rail stations are nearby, and the building has strong visibility and easy access to the city centre.
IDEAL FOR
Hotel and budget-hotel operators, wellness and spa operators, and investors who want a freehold asset with several income streams. The building can also be repositioned, subject to approvals.
KEY DETAILS
Tenure: Freehold
Storeys: 4, with rooftop rooms and lift
Land area: approx. 6,350 sq ft
Built-up area: approx. 26000 sq ft
As-built drawings: available on request
Asking price: Negotiable
Jalan Tiong Nam, off Jalan Raja Laut, 50350 Kuala Lumpur
A unique opportunity to own a fully built, freehold hotel with hotel, spa, restaurant and retail income under one roof. This lift-served 4-storey corner property has 53 rooms and is ready for an operator or investor to take over.
PROPERTY FEATURES
Ground floor: restaurant with kitchen, 3 shops of varying sizes, hotel reception and lobby
1st floor: 13 rooms (1 without bathroom), 2 lounge areas, dining area with mini-kitchen, lobby and reception, plus steam and sauna baths for a spa
2nd and 3rd floors: 38 hotel rooms
Rooftop: 4 hotel rooms and several storage spaces
Lift access to all floors
WHY IT STANDS OUT
Four income streams in a single freehold asset: room revenue, spa, F&B and shop rentals. The spa facilities, restaurant kitchen and ground-floor shops are already in place, so there is no need to start from scratch.
PRIME CHOW KIT LOCATION
Off Jalan Raja Laut, close to Jalan Tuanku Abdul Rahman, SOGO and Pertama Complex. Chow Kit and Sultan Ismail rail stations are nearby, and the building has strong visibility and easy access to the city centre.
IDEAL FOR
Hotel and budget-hotel operators, wellness and spa operators, and investors who want a freehold asset with several income streams. The building can also be repositioned, subject to approvals.
KEY DETAILS
Tenure: Freehold
Storeys: 4, with rooftop rooms and lift
Land area: approx. 6,350 sq ft
Built-up area: approx. 26000 sq ft
As-built drawings: available on request
Asking price: Negotiable
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The unit for sale in Kuala Lumpur, Kuala Lumpur is RM 19,500,000.
No.
Jalan Tiong Nam, Kuala Lumpur.
The estimated loan repayment amount is RM 83,786 / mo.
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