Satok Prime Commercial Centre, Lorong Satok 7, Kuching
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Sale RM 1,250,000

Satok Prime Commercial Centre, Lorong Satok 7, Kuching

Jalan Satok, Lorong Satok 7, 93400, Sarawak

  • Built-up : 4,200 sq. ft.
  • Land area : 1,400
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    Satok Prime Commercial Centre, Lorong Satok 7, Kuching

    1.  This is a three(3) storey intermediate shop located at the prime location in between Wisma Satok Jalan Satok and Jalan Rubber. There is heavy traffic flow with good publicity throughout the day and night. 
    2.  This is a prime commercial area where we can find major banks, retail shops and eateries. Maybank, Hong Leong Bank and two CIMB Bank branches are within walking distance from this shop. KFC, Sugar Bun and McDonald are all within short walking distance. 
    3.  This shop is currently rented out to the following established tenants who have been occupying this shop for a long term:
    (a). Ground floor: Aneka Textile @ monthly rental of RM 3,000.
    (b). First and second first: LT Money Lending Sdn Bhd, a licensed money lender @ monthly rental of RM 1,800. 
    Total rental per month: RM 4,800. Both tenants are good pay master.
    Annualized rental return: 4.60% per annum.
    4.  Land title to expire on 4 March 2804. Remaining leasehold: 783 years.
    5.  Land area: 130.1 sq meters/ 1,400 sq feet/ 3.21 points.
    6.  Built up area: 4,200 sq feet. (3 x 20’ x 70’) 
    7.  Asking price:  RM 1,250,000 negotiable to sell as is where is basis together with its existing established tenants.
    8.  Pls do not hesitate to liaise with David Ling REN38839 (HP: 019-8590515) of Homing Estate Agency E(3)0307 for further Enquiries or prior appointment for viewing to those who are interested.

    Property Details

    Property Type:
    Shop-Office
    Land Title:
    Commercial
    Property Title Type:
    Individual
    Tenure:
    Leasehold
    Built-up Size:
    4,200 sq. ft.
    Built-up Price:
    RM 297.62 per sq. ft.
    Land Area Size:
    1,400 sq. ft.
    Land Area Price:
    RM 892.86 per sq. ft.
    Occupancy:
    Tenanted
    Unit Type:
    Intermediate
    Reference No.:
    102233244
    Remaining Lease Year:
    783
    Posted Date:
    15 Sep 2021

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