Presenting a strategically positioned corner retail unit in the Old Wing of Prangin Mall, one of George Town’s most established commercial landmarks. Located adjacent to Komtar and First Avenue Mall, and within walking distance of the UNESCO World Heritage precinct, the property enjoys excellent visibility and consistent pedestrian traffic throughout the day.
Surrounded by popular retailers, eateries and established businesses, including McDonald’s located immediately next door, the unit benefits from a highly active commercial environment and strong customer exposure.
Measuring approximately 524 sq.ft. of leasehold space, the unit is currently tenanted and generating attractive rental income of MYR 5,500 monthly (expiring 2028), making it an appealing investment opportunity. Alternatively, purchasers may choose to occupy the premises for their own business upon expiry of the existing tenancy.
Its central location offers outstanding accessibility, with the Komtar transportation hub and Rapid Penang bus terminal just moments away, providing convenient connectivity to the rest of the island.
An excellent opportunity to acquire a well-positioned commercial unit offering immediate income potential and long-term business value in the heart of George Town.
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