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For sale
access_time 4 months ago

Prime 4.5 Storey Commercial Building on Abu Siti Lane, George Town.

property location

Lorong Abu Siti, Georgetown, Penang

RM8,500,000

Mortgage: RM 0 /mth
Mortgage: RM 0 /mth
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For sale
access_time 4 months ago

Overview

Property type

Commercial (Others)

Property type

No of Bedroom

- R

Room(s)

builtup/land area

14,874 sqft

Built-up area

builtup price

RM 571.47/sqft

Built-up price

Lot type

Non Bumi Lot

Lot type

Details

Furnishing:
Any
Listing ID:
LIDM2902100
Land area price:
RM 1,621.52/sqft
Built-up price:
RM 571.47/sqft
Tenure:
Freehold
Listing type:
For sale
Built-up:
14,874 sqft
Land area:
5,242 sqft

Description

Seize this rare opportunity to own a 4.5-storey commercial building on bustling Abu Siti Lane in the heart of George Town, Penang. Listed at MYR 8.5 million o.n.o. on an “as is” basis, this property features a land size of 5,242 square feet and a gross built-up area of 14,874 square feet.

While there is no lift currently, a lift can be installed. The ground floor is tenanted until March 2025, with the upper floors vacant and ready for new tenants or redevelopment.

Situated on a high-traffic street, this property enjoys excellent connectivity and amenities, surrounded by commercial, retail, and dining establishments. This prime location in a UNESCO World Heritage Site area promises significant returns for investors.
 
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