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Thursday, October 8, 2009

032 Factory for sale at Senai industrial / Good Invest Property in Johor / Johor Bahru Poperty / Detached Factory / Iskandar Malaysia / Iskandar Property

Location: Senai Industrial Estate / Johor / Iskandar Malaysia / Iskandar
Type: 1-1/2 storey detached factory
Land : 0.8 acre (34,848 sq.ft. / 3,237 sq.m)
Factory Built-up : 26,000 sq.ft. (2,415 sq.m)
Height: about 8 metres
Land category: Medium industrial
Tenure: Leasehold with first unexpired term 15 years + 30 years renewal terms
(note: The selling price inclusive of the application cost for the 30 years renewal terms, therefore the unexpired terms shall read as 45 years)
Status: currently renting at RM16,000 per month (tenancy on monthly basis)
For sale: RM2 million
Gross rental return: 9.6%

note: co-agency listing (ABL)

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