Partially Furnished Retail For Sale At The Summit, USJ 1

Asking Price
RM1,450,000
Property Type
Retail
Built-up
582 sf
Land Area
-NA-
Furnishing
Partially Furnished
Land Tenure
Freehold
Posted By
-NA-
Posted On
25 Jun 2019

FOR SALE - THE SUMMIT USJ MALL, USJ 1 SUBANG JAYA. FREEHOLD 582 SQFT GROUND FLOOR RETAIL LOT FULLY RENOVATED, TENANTED ON A LONG TERM TENANCY, WITH GOOD RETURN. DON'T MISS THIS OPPORTUNITY FOR A GOOD INVESTMENT

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FOR MORE INFO, PLS CALL TONY 012-310 1119
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The Summit USJ Shopping Mall, USJ 1 Subang Jaya
Next to Summit Hotel USJ & Da Men Shopping Mall
Freehold with strata title
582 sqft Ground Floor retail lot
Fully renovated with water supply
RM48,000 fully paid to Summit Management for the refurbishment
Currently tenanted for another 3+3 years from 20 Oct 2018
Current rental is RM6,600, with 15% rental increase every 3 years
Tenant is permanent as licence is tied to address
An excellent, worry-free, good paymaster tenant with more than 17 outlets throughout Malaysia
Current Gross ROI 5.46% with potential of 6.3% or more
Good investment opportunity

TONY LEE
Senior Team Leader
Oriental Real Estate
012-310 1119
lkc2339@gmail.com