Lebuh Leith, George Town
Lebuh Leith, 10200, Penang
RM 40,000,000
26,897
sqft (floor)
RM 1,487
psf (floor)
Photos
Property details
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About this property
Boutique Hotel for Sale in George Town (UNESCO Heritage Zone)
A fully operational 5-storey boutique hotel in the heart of George Town’s UNESCO World Heritage Site.
• Land area: approx. 17,000 sqft
• Built-up: 26,897 sqft
• 44 en suite rooms (24 King, 8 Twin, 8 Family, 4 Suites)
• Facilities: Ballroom, café with garden seating, rooftop with city views, bar, 22 car parks
• Monthly rental income: RM55,000
• Revenue: ~RM450,000/month
• Occupancy: 80%+
• Lease term: 12 years (3+3+3+3)
• For sale: RM40M
Fully furnished and renovated. Excellent location, walking distance to top F&B spots, with strong rental returns and immediate takeover potential.
• Land area: approx. 17,000 sqft
• Built-up: 26,897 sqft
• 44 en suite rooms (24 King, 8 Twin, 8 Family, 4 Suites)
• Facilities: Ballroom, café with garden seating, rooftop with city views, bar, 22 car parks
• Monthly rental income: RM55,000
• Revenue: ~RM450,000/month
• Occupancy: 80%+
• Lease term: 12 years (3+3+3+3)
• For sale: RM40M
Fully furnished and renovated. Excellent location, walking distance to top F&B spots, with strong rental returns and immediate takeover potential.
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