4 sty Corner Shop Office with lift at Signature Park, Kota Damansara

Asking Price : Rm8.5mil (Negotiable)
Market Value RM8.5 Mil

Detail property:-
4 Storey Corner Shop Office with lift
Built up per floor: 4,208 sq ft
Total Built up : 16,835 sq ft
Tenure: Leasehold Non Bumi
Ground Floor (Restaurant Golden Rabbit) Rental RM15,000 permonth
2nd & 3rd Floor (Signature Hotel) Rental Rm23,000 permonth
Total Current Rental RM38,000 permonth .
Expected Rental 4th Floor RM10,000 permonth .
Expected Total Estimated rental RM48,000 permonth or more than 6.78% Rental Yield.

2nd, 3rd & 4th Floor are approved for 46 rooms for Signature Hotel.
Already Built & completed 26 rooms on 1st & 2nd floors.
But 4th Floor is empty awaiting funds to build more rooms.
All rooms wth air-cond, 13 LCD, all rooms wth attached bathrooms, beds are either single Queen or king size.

Amenities :-
Location It is strategically located nearby to Segi College , Sri KDU international School, Segi University ,Tropicana Medical center and nearby the future Kota Damansara MRT Station with a catchment market of over 400,000 population .

Accessibility is well connected to LDP, NKVE and Penchala Link to mature neighbourhoods such as Mutiara Damansara, Bandar Utama, Damansara, Mont Kiara, Shah Alam and Subang Jaya.

Payment Terms :
10% Deposit (3.18% Booking, remaining 6.82% to be paid upon loan approve & signing Sale & Purchase Agreement).
Loan, valuation and legal matters will be arranged accordingly for successful buyer.
** 100% refundable on Earnest Deposit subject to loan rejection with 2 declined letter from bank.
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Senior Negotiator
IPC Realty Kajang