• 8
RM 10,000,000

Asia City, Kota Kinabalu

Kota Kinabalu, 88000, Sabah

  • Built-up : 14,994 sq. ft.
  • Land area : -
    • 20 Above
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    Asia City, Kota Kinabalu

    Hotel For Sale in Asia City
    
    3rd Floor
    
    Total 9 shoplot with 14,994 sq ft total built up area
    
    Leasehold of 99 years starting from 2010
    
    Total 68 rooms and all rooms are newly renovated with new aircond & Tv in 2015
    
    Low overhead and available immediately 
    
    0% GST
    
    Current occupancy rate at min 50 % on weekdays and full on weekend.
    
    Rental yield estimated at minimum 10.12 % gross 
    
    Agent's quote on this property," Being recently renovated in late 2015, new condition with such high rental yield income is the best bet against the weak ringgit and low overhead will ensure that margin to remain healthy.
    
    Owner have another hotel on the same floor for sell as well which will add up to 104 rooms."
    
    Call for more info
    
    Joel Low
    016 8312381
    REN 13968
    IQI Realty Sdn Bhd

    Property Information

    Property Type:
    Hotel/Resort
    Occupancy:
    -
    Land Title:
    Commercial
    Facing Direction:
    -
    Tenure:
    Leasehold
    Unit Type:
    -
    Furnishing:
    Fully Furnished
    QuikPro No:
    UP4924743
    Asking Price per sq. ft.:
    RM 667
    Posted Date:
    06 Oct 2018

    Transacted Prices

    Discover how much people paid for this property in the past based on data from the Valuation and Property Services department (JPPH) of Malaysia.
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    Joel Low

    REN 13968

    • +60168...
    Winner of Agents Advertising Awards 2018
    Winner of Agents Advertising Awards 2018
    Category:
    • Agency of the Year - Titanium
    • Star Real Estate Agency - Central Region
    • Star Real Estate Agency - Northern Region
    • Best Project Marketing Agency
    • Best Real Estate Agency Culture

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