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Wednesday, August 20, 2008

3-storey corner shop at Bandar Seri Alam for sale / Johor shop / Johor Bahru Property / Iskandar Malaysia Property for sale / Iskandar Malaysia Shophouse for sale / Iskandar Malaysia


Location : Bandar Seri Alam, Masai area, Johor
Type : 3-storey corner shophouse
Land : about 2,300 sq.ft. (about 1.5 intermediate shop)
Condition : Vandalized as per photos
Rental : expected ground floor about RM1,500, 1st and 2nd floor about RM800-RM1000

Selling : RM330,000-00 (Gross return : about 8.36% to 9.09%)
Gross return inclusive RM35K redo cost : about 7.56% to 8.22%
note: Redo to basic condition about RM30,000 - RM40,000

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