The Lakefront @ SouthKey - Shop Offices

Jalan Bakar Batu, Johor Bahru, Johor

RM 2,200,000

View to Offer

Baths

6

Baths

sqft (floor)

3,961

sqft (floor)

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RM 555

psf (floor)


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Photos

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Property details

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Shop / Office for sale
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Fully fitted
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Completed in 2016
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Leasehold (75 years left)
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Listed on 18 Sep 2025
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Listing ID - 500147044

About this property

High Rental Income Shoplot @ Block D, Next to Mid Valley Southkey!

Southkey Lakefront 3-Storey Shoplot (Block D) – Investment Property

Property Highlights :
- Prime location : Southkey Lakefront, Johor Bahru
- Lot Size : 27’ x 65’ | Built-Up : 3,961 sqft
- Title : Strata | Leasehold until 2100
- Lot Type : Bumi Lot (Non Bumi Can Apply Consent)
- Walking distance to Mid Valley Southkey Mall, banks, insurance companies, clinics, law firms, beauty salons & many other businesses

Tenancy & Rental Profile (Fully Tenanted) :
- Ground Floor - Feng Shui Master | RM2,800/month | 5 years
- 1st Floor - Management Company | RM2,500/month | 3 years
- 2nd Floor - Legal Firm | RM5,000/month | 2 years

- Total Rental Income: RM10,300/month (RM123,600/year)
- Renovation Value: RM680,000 (already fitted, buyer enjoys immediate returns without extra cost)

Investment Returns :
- ROI : ~6% Net Rental Yield
- Strong tenant mix (professional & service-oriented businesses: legal, consultancy, management)
- Fully functional & renovated – no additional CapEx needed

Why This Property?
- Fully tenanted : guaranteed income from Day 1
- High-demand location : walking distance to Mid Valley Southkey
- Established tenants with diversified business types
- Attractive ROI (~6%) : above market average
- Buyer gains RM680,000 worth of ready-made renovations
- Excellent appreciation potential in a prime commercial hub

Asking Price: RM2,200,000 (Slightly Negotiable)
[NO Co-Agency]

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For enquiries or private viewing, contact:
Ms. Sha | PEA 3783 | 016-720' 0135
Amenities
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24-hour access

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Air conditioner

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Bathroom

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Car parking outside

Common facilities
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24 hours security

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Parking

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The Lakefront @ SouthKey - Shop Offices

Updated: 2nd June 2021 Completed in 2014, The Lakefront at Southkey is a leasehold shop office establishment located in Johor Bahru, Johor and it is developed by the Selia Group. The project is designed to maximize usage of space for both work and leisure by exploring a pedestrian-friendly layout, where the first floor has a boulevard for pedestrians. The open space at the ground floor plaza is an enabler for a multitude of activities such as flea markets, making the plaza even more lively to attract more traffic. SouthKey has a strategic location and it is about 4km north of Johor Bahru City Centre. It is also easily accessible via Jalan Tebrau, Jalan Bakar Batu and Eastern Dispersal Link (EDL). SouthKey is a 330-acre integrated mixed development in Johor Bahru. The Lakefront Shop Offices consists of 3, 4, 5 and 8-storey shop offices and there is a total of 129 units (102 units – 3 storey, 24 units - 4 storeys, 2 units - 5 storeys and 1 unit – 8 storey) with built-up starting from 4,000 sqft. There are more than 1,000 covered car parks available for workers and visitors to park their vehicles without a hassle. The Lakefront Shop Offices also provide 24-hour CCTV, regular security patrols and a call assist system at the car park. There are tons of education options, ranging from primary to tertiary level, that are located just within a short drive away from The Lakefront Shop Offices and those schools include SJK (C) Foon Yew, SK Taman Suria, SK Sri Tebrau, Utama International School, SMK Sri Tebrau, Claz’room Academy, SK Taman Pelangi and many more. Medical facilities nearby include Klinik Kesihatan Tebrau, Klinik Desa Antoi, and Pelangi Medical Centre. SouthKey itself is characterised by the largest shopping mall between Melaka, Johor and Singapore, the Mid Valley SouthKey The Mall, which takes after the Mid Valley Megamall in KL, Movie lovers can watch a movie in the cinema in Mid Valley SouthKey. Parents can also bring their children to Kiddytopia in Mid Valley SouthKey to have some fun. The Gardens @ Polo Park is perfect for those who like to be around nature. There is also Pelangi Golf Driving Range for those who enjoy golf. Selia Group was established in 1984 and today, they are one of the leading engineering and construction companies in Malaysia and a major player in the ownership of infrastructures regionally and globally. The Lakefront @ SouthKey - Shop Offices is now selling from RM 1.1million onwards. If you are interested in properties of a similar price range, check out this list of properties. With a design providing optimum exposure, it makes The Lakefront @ SouthKey - Shop Offices for sale suitable for those who wish to set up trendy shops or modern offices that require a lively leisure touch.

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FAQs
Selling price for The Lakefront @ SouthKey - Shop Offices is from RM 2,200,000 / RM 555.42 psf.
Current PSF at The Lakefront @ SouthKey - Shop Offices is about RM 555.42 psf.
The Lakefront @ SouthKey - Shop Offices is located at Jalan Bakar Batu, Johor Bahru, Johor Johor Bahru Johor.
The estimated loan repayment is RM 9,452 / mo.
Floor size of this unit at The Lakefront @ SouthKey - Shop Offices is 3,961 sqft.