Georgetown, George Town
Lorong Madras, 10450, Penang
Negotiable
RM 1,230,000
3
Baths
1,600
sqft (floor)
RM 769
psf (floor)
Photos
Map View
About Georgetown
Delightful Corner Heritage Shophouse Near Madras Lane
Nestled in a serene cul-de-sac just off Madras Lane, this corner double-storey heritage shophouse offers a unique chance for those in search of a property with charm, potential, and a fantastic location. Carefully maintained throughout the years, the owners have upheld the original upstairs timber elements, ensuring that the property keeps its classic allure.
Boasting a FREEHOLD tenure, the shophouse occupies 1,033 sqft of land, with an estimated built-up area of 1,600 sqft. The ground floor includes an upgraded separate toilet and bathroom, conveniently positioned near the rear exit. Upstairs, you will discover two original bedrooms along with a rear balcony that provides a delightful area for unwinding.
What truly sets this property apart is its redevelopment potential. This shophouse offers options for refurbishment or expansion—buyers can extend the rear section for more living space or even add extra stories at the back. Whether you picture a charming home, a boutique guesthouse, or a distinctive commercial venue, this property acts as a blank slate with sturdy fundamentals, ready to be molded to fit your aspirations.
Strategically positioned, the property is within walking distance to Macalister Road and Burmah Road, placing you near a variety of dining options, retail stores, daily necessities, banks, clinics, hospitals, hotels, and more. Despite being in the bustling heart of George Town, the cul-de-sac location ensures tranquility and seclusion, making it an ideal spot to live while remaining well-connected to urban conveniences.
For sale at MYR 1.23M o.n.o. on an 'as-is' basis – view to appreciate.
Boasting a FREEHOLD tenure, the shophouse occupies 1,033 sqft of land, with an estimated built-up area of 1,600 sqft. The ground floor includes an upgraded separate toilet and bathroom, conveniently positioned near the rear exit. Upstairs, you will discover two original bedrooms along with a rear balcony that provides a delightful area for unwinding.
What truly sets this property apart is its redevelopment potential. This shophouse offers options for refurbishment or expansion—buyers can extend the rear section for more living space or even add extra stories at the back. Whether you picture a charming home, a boutique guesthouse, or a distinctive commercial venue, this property acts as a blank slate with sturdy fundamentals, ready to be molded to fit your aspirations.
Strategically positioned, the property is within walking distance to Macalister Road and Burmah Road, placing you near a variety of dining options, retail stores, daily necessities, banks, clinics, hospitals, hotels, and more. Despite being in the bustling heart of George Town, the cul-de-sac location ensures tranquility and seclusion, making it an ideal spot to live while remaining well-connected to urban conveniences.
For sale at MYR 1.23M o.n.o. on an 'as-is' basis – view to appreciate.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
RM 0 / mo
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
RM 0
Downpayment
RM 0 Loan amount at 0% Loan-to-value
FAQs
The selling price is RM 1,230,000.
Lorong Madras, 10450, Penang.
This floor size of this unit is 1,600 sqft.
Freehold.
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