An excellent opportunity to acquire a 3-storey leasehold commercial shophouse strategically located in Bukit Jambul, Penang island. The property sits within an established commercial and residential neighbourhood with convenient access to major roads and surrounding amenities.

Set on a 130 sqm (approx. 1,399 sq ft) land area, the property offers approximately 318.64 sqm (3,431 sq ft) of floor area across three levels. The layout provides practical space for commercial use, investment, or future owner-occupation.

The property is currently tenanted across all three floors, providing an established rental income stream. The ground floor is tenanted at RM2,350/month, while the first floor is tenanted at RM1,100/month. The second floor is tenanted at RM2,650/month, with the tenancy expiring in August 2027. The ground-floor tenancy is also being renewed for a further two years, while the first-floor tenancy is currently under review.

The property is 99-year leasehold with the lease expiring in 2095, offering a substantial remaining tenure. With three independent tenancies and a combination of established commercial and telecommunications usage, this property presents an attractive investment proposition in the established Bukit Jambul area.

Asking Price: RM1.25 Million.