Summary: Retail Space SATOK RM500k

Asking Price (RM): 500,000
Size (Square Feet): 550
Bedrooms: 0
Bathrooms/Toilets: 0
Car Parks: 0
Lift or Elevator: With Lift
Swimming Pool: No Swimming Pool
Exercise & Gym Facility: No Gym
Security Level: No Security
Facing: North/South

Situated on the 1st floor above Maybank Wisma Satok, this retail unit is for SALE.

Size = 51.1 sqm (550 sqf) Asking Price = RM9XX psf (RM5XX,000)

Current rental is RM3,000 per month, hence the yearly rental return is RM36,000. Using YP and i=6% (EPF rate of return), the value can be calculated as:

RM36,000 / 0.06 = RM600,000.

Hence, the asking price of RM5XX,000 is below the potential value of this retail lot – making it an attractive investment.

Interested, please call Thomas Sim, PEA2066 of H. Simon Real Estate E(3)1176 at 012 – 8866 090.

Sarawak
Thomas
0128866090
simyansun@gmail.com