⭐ 3sty ⭐ 2 Adjoining Lot ⭐ 9,200sf ⭐ RM522 psf ⭐ RM2mil Renovated ⭐, Taman Kota Syahbandar, Melaka City

❈ LOCATION HIGHLIGHTS
▸ Prime location in Taman Kota Syahbandar, Melaka City, a well-known tourism and heritage precinct
▸ Surrounded by Jonker Street, Stadthuys, A Famosa, Dataran Pahlawan, Mahkota Parade, and Melaka River Cruise
▸ Close to hospitals, government offices, banks, schools, and mature residential neighbourhoods
▸ Strong catchment from local residents, domestic tourists, and international visitors
▸ Easy access to major roads and public transport routes within Melaka city centre
▸ Approx. 5 minutes drive to Jonker Street and heritage zone
▸ Supported by continuous tourism growth and urban regeneration initiatives

❈ PROPERTY DETAILS
▸ 2 adjoining lots of 3-storey commercial building (hotel use)
▸ Tenure: Leasehold until 2109
▸ Land area: Approx. 3,080 sf
▸ Total built-up: Approx. 9,200 sf (≈ RM522 psf)
▸ Configuration: 38 fully fitted guest rooms (≈ RM133k per room)
▸ Design & ambience: Modern Arabic-inspired boutique concept with stylish interiors and comfortable layouts
▸ Condition: Well-maintained and tastefully renovated – estimated renovation savings up to RM2 million
▸ Occupancy: Fully tenanted
▸ Current rental: RM16,000 per month
▸ Asking price: RM4.8 million
▸ Indicative ROI: Approx. 4%

❈ INVESTMENT EDGE / ADVANTAGES
▸ Strategic heritage city location with strong tourism demand
▸ Ready income-generating hospitality asset
▸ Low setup and renovation cost for new owner
▸ Stable tenant and recurring cashflow
▸ Potential for rebranding and yield enhancement
▸ Attractive pricing per room and per square foot

❈ DISCLAIMER
Content & photos may differ. Viewing recommended for accurate assessment.

❈ AGENT BRANDING
VIVAHOMES ‘Seamus KOR’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share

❈ PUNCHLINES
▸ Prime Melaka Heritage Hotel Asset
▸ 38 Keys | Fully Tenanted | Stable Yield
▸ RM522 psf | Low Entry Price
▸ Strong Tourism Cashflow Property