Kampung air Kota Kinabalu
Kampung Air, Kampung Ayer, Kota Kinabalu, Sabah
RM 3,800,000
Negotiable
10
Baths
1,200
sqft
RM 3,166.67
psf
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About this property
Below Market Value Fully Tenanted 5-Storey Shoplot Kampung Air
5-Storey Commercial Shoplot @ Kampung Air, Kota Kinabalu City Centre
Asking Price: RM3,800,000
Property Details
* 5-Storey Commercial Shoplot
* Location: Kampung Air, Kota Kinabalu City Centre
* Approx. Built-up: 1,200 sq.ft. per floor (Total Approx. 6,000 sq.ft.)
* Facing Main Road
* Excellent Visibility & High Exposure
* Leasehold (Approx. 30+ years remaining, lease extension available)
Investment Highlights
* Priced approximately 35% below market value
* Rare full commercial block in Kota Kinabalu City Centre
* High-demand commercial location surrounded by hotels, restaurants, retail shops, banks and offices
* Suitable for Boutique Hotel, SPA, Medical Centre, Office, F&B, Hostel or Investment
Existing Rental Income
* Ground Floor: Massage Centre – RM6,000/month
* 2nd to 5th Floors: Long-term Tenant – RM6,000/month
* Total Rental Income: RM12,000/month
Additional Information
* Estimated lease extension cost: Approximately RM150,000 (can be renewed now or at a later stage, subject to authority approval).
* Owners are elderly and are selling the property for retirement purposes.
This is a rare opportunity to own a strategically located commercial building in the heart of Kota Kinabalu at an attractive price.
For viewing and more information:
Ivy Wong
REN 07924
0*****
WhatsApp: www.h*****
The Roof Realty Sabah
Business Registration No.: 2***** 147810-W)
Asking Price: RM3,800,000
Property Details
* 5-Storey Commercial Shoplot
* Location: Kampung Air, Kota Kinabalu City Centre
* Approx. Built-up: 1,200 sq.ft. per floor (Total Approx. 6,000 sq.ft.)
* Facing Main Road
* Excellent Visibility & High Exposure
* Leasehold (Approx. 30+ years remaining, lease extension available)
Investment Highlights
* Priced approximately 35% below market value
* Rare full commercial block in Kota Kinabalu City Centre
* High-demand commercial location surrounded by hotels, restaurants, retail shops, banks and offices
* Suitable for Boutique Hotel, SPA, Medical Centre, Office, F&B, Hostel or Investment
Existing Rental Income
* Ground Floor: Massage Centre – RM6,000/month
* 2nd to 5th Floors: Long-term Tenant – RM6,000/month
* Total Rental Income: RM12,000/month
Additional Information
* Estimated lease extension cost: Approximately RM150,000 (can be renewed now or at a later stage, subject to authority approval).
* Owners are elderly and are selling the property for retirement purposes.
This is a rare opportunity to own a strategically located commercial building in the heart of Kota Kinabalu at an attractive price.
For viewing and more information:
Ivy Wong
REN 07924
0*****
WhatsApp: www.h*****
The Roof Realty Sabah
Business Registration No.: 2***** 147810-W)
Estimated mortgage
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RM 0 Interest
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RM 0 Loan amount at 0% Loan-to-value
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FAQs
The unit for sale in Kampung Ayer, Kota Kinabalu is RM 3,800,000.
No.
Kampung Air, Kampung Ayer, Kota Kinabalu, Sabah.
The estimated loan repayment amount is RM 16,327 / mo.
The completion date is in 1961.
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