For sale
access_time 4 months ago
Prime 10-Storey Corner Commercial Building on Beach Street, George Town UNESCO Site.
Lebuh Pantai, George Town, Penang
RM29,000,000
Mortgage: RM 0 /mth
Calculate your mortgage
01/20
For sale
access_time 4 months ago
Prime 10-Storey Corner Commercial Building on Beach Street, George Town UNESCO Site.
Lebuh Pantai, George Town, Penang
RM29,000,000
Mortgage: RM 0 /mth
Calculate your mortgage
For sale
access_time 4 months ago
Overview
Commercial Complex
Property type
- R
Room(s)
45,000 sqft
Built-up area
RM 644.44/sqft
Built-up price
Non Bumi Lot
Lot type
ADVERTISEMENT
Details
- Furnishing:
- Any
- Listing ID:
- LIDM2768298
- Land area price:
- RM 5,800.00/sqft
- Built-up price:
- RM 644.44/sqft
- Tenure:
- Freehold
- Listing type:
- For sale
- Built-up:
- 45,000 sqft
- Land area:
- 5,000 sqft
ADVERTISEMENT
Description
Strategically positioned at the corner of Beach Street in the prestigious George Town UNESCO World Heritage Site, this exceptional commercial building is now available for sale. This freehold property ensures long-term value and investment security, making it an ideal choice for discerning buyers. Situated on approximately 5,000 sqft of corner land, the building features a spacious layout with approximately 4,500 sqft per floor, offering a total built-up area of around 45,000 sqft over its 10 storeys. The ground, mezzanine, and first floors are currently rented at MYR 40k per month, with the lease expiring in 2026, providing immediate rental income for the new owner. This blue-chip location offers unparalleled convenience and accessibility. It is within walking distance to numerous banks, heritage and tourist sites, as well as a variety of restaurants and commercial retail outlets. The property also benefits from easy access to the Jelutong Expressway, with Port Swettenham Pier and Jetty Terminal just a stone's throw away. Additionally, the Penang Bridge, Butterworth, and Penang International Airport can be quickly reached via expressway, ensuring seamless connectivity. This property presents a rare opportunity to own a significant commercial asset in one of Penang's most sought-after locations. Contact us today for further details and to arrange a viewi...
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