Sale & leaseback. 2 factory Bandar Pinggiran Subang Section U5 Shah Alam

2 ADJACENT UNITS OF 2 STOREY CORNER SEMI D FACTORY BUILDING FOR SALE & LEASEBACK
Jalan Apollo, Bandar Pinggiran Subang, Section U5, 40150 Shah Alam, Selangor

Tenure: Leasehold 99 years expiring 7th Dec 2093
Restriction: State consent
Bumi Restriction: Nil
Land use: Perusahaan
Type of property: Factory Building, 2 storey Semi-D corner

Details of Property 1:
Land: 1,695 m2 (18,245 sf)
Built up: Main 462.29 m2 + Ancillary 28.80 m2 (Main 4,976 sf + Ancillary 310 sf)
Property status: Occupied by owner as head quarters
Asking price: RM5,100,000

Details of Property 2:
Land: 1,616 m2 (17,394 sf)
Built up: Main 462.29 m2 + Ancillary 28.80 m2 (Main 4,976 sf + Ancillary 310 sf) Property status: Occupied by owner as head quarters
Asking price: RM4,900,000

Condition of Sale: Subject to Sale and Leaseback Agreement

Key Points:
Purchase with ready tenant with initial lease tenure of 3 years with renewal options

Potential annual rental yield of around 5.0%

Better rate of return compared to the current fixed deposit rates which are in the circa of 2.0%

Owner is a public listed company.

In our opinion, the subject property has potential to appreciate greatly in the medium to long term with Kwasa Damansara set to be the catalyst for the area; Damansara West

Please contact for further details & viewing:
Azman Kadir (REN11074)
0193877102
Alam Harta Realty