BRAND NEW IPOH CITY CENTRE BUSINESS HOTEL FOR SALE, Bukit Bintang
  • 13
Sale RM 9,000,000

BRAND NEW IPOH CITY CENTRE BUSINESS HOTEL FOR SALE, Bukit Bintang

Kuala Lumpur

  • Built-up : 15,300 sq. ft.
  • Land area : 15,300
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    Points of Interest data: Private & international schools from Schooladvisor.my; Tertiary education from Afterschool.my; Public schools from Ministry of Education Malaysia; Medical from Ministry of Health Malaysia (‘Public schools’ & ‘Medical’ data & information subject to the Terms of Use of the Government's Open Government Data 1.0); Transport is a compilation of data from various sources. iProperty.com Malaysia Sdn Bhd and the REA Group Ltd group of companies (collectively “REA”) do not guarantee the accuracy and correctness of the data and disclaims any liability thereon.

    BRAND NEW IPOH CITY CENTRE BUSINESS HOTEL FOR SALE, Bukit Bintang

    BRAND NEW IPOH CITY CENTRE BUSINESS HOTEL FOR SALE 
    
    - BUILT UP 20 X 85 SF
    - 33 ROOMS 
    - 9 FLOOR 
    - BRAND NEW 
    - FREEHOLD 
    - FULLY FURNISHED 
    - LICENCE READY ( APPROVAL FOR BUILDING, BOMBA & MBI - MASJIB BANDARAYA IPOH )
    - OPENING SOON 
    - ASKING 10 MIL ONLY
    - WALKING DISTANCE TO CITY CENTER
    -PASS THE TOURISM MALAYSIA INSPECTION AND AWARDED AS 3 STAR HOTEL 
    -AVERAGE OCCUPANCY 75% 
    -ONE OF THE COMPETITIVE HOTEL IN ONLINE BOOKING ( AGODA ,BOOKING.COM ,EXPEDIA , HOTEL.COM ETC..)
    
    OTHER SELLING POINT OF HOTEL:
    Hotel is located perfectly at Ipoh city center whereby surrounded by many historical 
    attraction such as old town, city town hall and so on. 
    
    Hotel was also surrounded by 24 hours mini mart like 7 Eleven, eateries such as 24 
    hours KFC, Pizza hut, and Chinese, malay and Indian eatery.
    
    Hotel has their own corporate guests like AIG, Public Bank, KFC, travel agencies and 
    many more.
    
    Occupancy & average monthly income with P&L:
    Hotel as an average occupancy of 75% each month and can easily go up to 100% 
    during peak season such as school holiday, public holiday & also major events in Ipoh. 
    The room rate also comes with weekday, weekend and peak season rates. Hence there 
    will be more income during the peak season. Z hotel wish to highlight that the room rates 
    are ranged from RM 85 till RM 680. Average monthly income and P&L are stated in 
    another attachment and only for interested buyers.
    hotel major expenses are as below:
    
    1. Salary (average total salary RM 7000+ - /month )
    2. TNB, Telekom, Lembaga air perak (average RM 3000/month)
    3. Laundry (average RM 800/month)
    4. Others i.e maintenance usage, news paper, house keeping items, etc (RM 
    500/month)
    Room rate for hotel (weekday rates only):
    President Suite : RM650.00 Deluxe King : RM240.00
    Studio Duplex : RM550.00 Deluxe Twin : RM170.00
    Family Duplex : RM650.00 Family Quad : RM268.00
    Soho Studio Duplex : RM450.00
    
    KINDLY PLEASE CONTACT SIMON YANG 016-3310176 FOR MORE INFO

    Property Details

    Property Type:
    Hotel/Resort
    Land Title:
    Commercial
    Property Title Type:
    Strata
    Tenure:
    Freehold
    Built-up Size:
    15,300 sq. ft.
    Built-up Price:
    RM 588.24 per sq. ft.
    Land Area Size:
    15,300 sq. ft.
    Land Area Price:
    RM 588.24 per sq. ft.
    Furnishing:
    Fully furnished
    Occupancy:
    Owner occupied
    Facing Direction:
    North
    Unit Type:
    Corner lot
    Reference No.:
    101435519
    Posted Date:
    14 May 2021

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