Corner Industrial Lot with Showroom Potential for Sale in Chan Sow Lin, Kuala Lumpur
Chan Sow Lin, Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
RM9,000,000.00
Description
Property Overview:
Location: Chan Sow Lin, Kuala Lumpur
Property Type: Industrial Lot with Existing Buildings
Tenure: Leasehold (36 years remaining, renewable up to 60 years)
Land Area: 12,572 sq ft
Built-Up Area: 10,673 sq ft
Power Supply: 300W (3-phase)
Tenancy Status: Currently tenanted at RM28,500/month
Asking Price: RM9,000,000 (Approximately RM755 per sq ft)
Strategic Highlights:
Prime Location: Situated in the heart of Kuala Lumpur, Chan Sow Lin is a well-established industrial and commercial hub known for its excellent connectivity and proximity to major city landmarks.
High Visibility: The property boasts road frontage with high traffic exposure, making it ideal for businesses seeking maximum visibility.
Surrounding Amenities: Surrounded by renowned automotive brands and luxury car showrooms, the area is also home to various furniture retailers, renovation companies, and bathroom product suppliers.
Investment Potential:
Steady Rental Income: With a current tenancy yielding RM28,500 per month, investors can enjoy immediate returns.
Versatile Usage: The property’s layout and location make it suitable for a variety of businesses, including showrooms, retail outlets, automotive services, furniture stores, and more.
Accessibility:
Excellent connectivity to major highways and public transportation, ensuring ease of access for both customers and logistics.