Victoria Street, George Town

Situated along the bustling Victoria Street within the UNESCO World Heritage core zone of George Town, this five-storey commercial property boasts outstanding visibility and access near renowned tourist spots. The neighborhood features a diverse mix of retail, dining, hotels, and commercial businesses, with easy connectivity to major expressways, the Penang Bridge, and the airport.

The property occupies a 22 ft by 140 ft lot (≈ 3,080 sq. ft.) with an estimated total built-up area of 12,750 sq ft. It includes a private lift, granting access to all floors, which is currently out of service but can be repaired for tenant use if desired. The upper levels provide sea views, enhancing the charm of this unique heritage-area property.

Rental options comprise the ground floor (3,000 sq ft) alongside the first floor (2,500 sq ft) and side land (700 sq ft) at RM16,000 per month, excluding the nearby car park land. The upper levels can be leased separately — second floor RM4,000, third floor RM3,500, and fourth floor RM3,000 — or the entire building can be rented for RM25,000 per month (preferred choice).

The old structure on the adjacent lot has been demolished, and the vacant land, owned by the same landlord, will soon serve as a public car park. Although not included in the rental agreement, it will enhance the property's value and convenience by improving accessibility and increasing customer footfall.