Kuala Selangor

IJOK, KUALA SELANGOR | COMBINED ASKING PRICE: RM32,000,000

Investment Opportunity – Two Income-Generating Factories Below Combined Bank Valuation

An excellent opportunity to acquire two substantial industrial factory properties in Ijok, Kuala Selangor, with existing tenancy and rental income.

Both properties offer generous land and built-up areas, established industrial facilities and attractive acquisition prices below their respective stated Public Bank valuations.

PROPERTY A – FACTORY FOR SALE

Asking Price: RM17,000,000

* Land Area: 118,747 sq.ft.
* Built-up Area: 70,000 sq.ft.
* Ceiling Height: 25 ft.
* Existing Monthly Rental: RM70,000
* Annual Rental: RM840,000
* Electrical Substation: 600 AMP
* Public Bank Valuation: RM19,000,000
* Below Bank Valuation: RM2,000,000

PROPERTY B – FACTORY FOR SALE

Asking Price: RM15,000,000

* Land Area: 111,546 sq.ft.
* Built-up Area: 63,000 sq.ft.
* Ceiling Height: 30 ft.
* Existing Monthly Rental: RM75,000
* Annual Rental: RM900,000
* Electrical Substation: Not Available
* Public Bank Valuation: RM21,000,000
* Below Bank Valuation: RM6,000,000

PROPERTY DETAILS

* Location: Ijok, Kuala Selangor, Selangor
* Property Type: Industrial Factory
* Tenure: Leasehold until 2 February 2077
* Express Condition: Enterprise
* Restriction in Interest: None

COMBINED INVESTMENT HIGHLIGHTS

* Combined Asking Price: RM32,000,000
* Combined Public Bank Valuation: RM40,000,000
* Total Difference Against Valuation: RM8,000,000
* Combined Monthly Rental: RM145,000
* Combined Annual Rental: RM1,740,000
* Indicative Gross Rental Yield: Approximately 5.44% per annum
* Both factories currently tenanted, subject to existing tenancy agreements.

Contact SK 016*3228168*