Kampung Air, Kota Kinabalu, Kota Kinabalu

Urgent Sale | 35% Below Market Value | Rare Item | Facing Mainroad | High Exposure

5-Storey Shoplot @ Kampung Air, Kota Kinabalu City Centre
Super prime location · High foot traffic · Surrounded by hotels, eateries & retail

Internal Price: RM3,888,000
5-storey building (approx. 1,200 sq.ft per floor)
35% below bank valuation
Leasehold balance approx. 30+ years (extension possible)

* Current Tenancy & Potential
- Ground floor rented to massage centre – RM6,000/month
- 2nd–5th floors rented to Bilixewa long-term tenant – RM6,000/month
- Total rental income: RM12,000/month (steady cash flow)

But the true value isn’t just the rental — it’s the opportunity
~ Rare full block in KK city centre
~ Priced one-third below market value
~ Ideal for SPA, Boutique Hotel, F&B, Office, or Service Business
~ Not listed publicly – internal sale only

* Note
Buyer to allocate around RM150,000 for lease extension — can renew now or later (around 10 years).

* Reason for Sale
Owners are elderly and no longer wish to manage the property, hence decided to sell internally.

* KK City Centre + 35% Below Market = Rare Opportunity
For serious buyers who understand location value.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Your Appointed Property Negotiator
Contact me now for more info or to arrange a viewing!
www.w*****

Annie Hee
REN 46494
+6*****
The Roof Realty Sdn Bhd
2***** 147810-W)