4 Sty Shop Office
Jalan 27/20A, Desa Sri Hartamas, 50480, Kuala Lumpur
- Built-up : 15,840 sq. ft.
- Land area : Kuala Lumpur
RM 58,499 per month
4 Sty Shop Office, Desa Sri Hartamas, Sri Hartamas
Viewing by appointment only *012 391 8290* IVAN WONG Rental Returns on our 2 adjoining Shops at Desa Sri Hartamas : Ground Floor End Lot : RM10,500pm Inner Lot : RM8,500pm Upper Floors: 6 units @ RM3500pm each Fully Tenanted wth 3 months' Quit Notis in all our Tenancy Agreemnts. we hv one End lot so even using 2015 price we will exceed RM12m for BOTH! 6. Our End Lot shop shld also command 8 to 10% premium on Price. 7. Our shops are now FULLY TENANTED as follows ... Ground Floor : RM10,500pm for end lot RM8,500pm for inside lot 3 Upper floors: RM3,500pm x 6 units This means alredy RM40k pm i.e 4% ROI p.a. if 2 shops sell for RM12m n we hvnt increased rental in d last 3 years due to d good tenants we hv had for many years. 8. Its NOT easy to get 2 adjoining shops esp wth one as an End Lot 9. To maximise ROI, the New Owner shld also consider converting to Budget Hotel. Assuming 30 rooms per shop wth 50% Occupancy & earning an Average of RM100 per room per nite for 15 days in a month... then inflow will be RM3000 per nite x 15 = RM45kpm ie RM540k pa ie close to 10%pa ROI on a worst case basis!!! Each shop can convert to 30 guest rooms of 15ft x 9ft using only the 3 upper floors!
Asking Price per sq. ft.:
29 May 2018
Points of interest
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