Corner 3S Pre-war Heritage Shophouse on Penang Road, Now for Sale

For

SALE MYR 2,800,000

MYR 1,750/sq.ft

Title: Freehold

Tenure: 0 Years

Bedroom:

Bathroom:

Built-up Area: 4,500 sq.ft

Land Area: 1,600 sq.ft.

Others:

Tenanted

Rental Return: MYR 8,800

No of Years: 0

Commencement Date :

The subject premises is a freehold corner triple storey pre-war heritage real estate located on Penang Road, a highly-trafficked road, at the junction connecting Burmah Road, Dato Kramat Road and Magazine Road, in the heart of Penang George Town UNESCO city.

This commercial real estate sits on a freehold land sized at 1,600 sq. ft.

Now for sale at only MYR 2,800,000 with rental returns of RM 8.8K (yearly contracts):-

- Ground floor: clothing shop RM 5K + watch shop RM 750
- First floor: salon RM 800
- Second floor: residence RM 750
- Exterior side wall advertisement RM 1500
- note: in discussion with potential AirBnb tenant for RM 4000 rent (1st + 2nd floors)

View to appreciate.

About the Location
Penang Road, or Jalan Penang in Malay, is the most important thoroughfare in Penang during the British colonial era. It was the first road to be built out of the original town mapped by Francis Light. It runs from Lebuh Farquhar in the north to Jalan Gurdwara to the south, and can be split into four different sections, each with its own characteristics.

Hotels on Penang Road

Cititel (GPS: 5.42135, 100.33285)
Grand Inn Penang Road (GPS: 5.42076, 100.33286)
Hotel Central (GPS: 5.41599, 100.32914)
Hotel Continental (GPS: 5.42204, 100.33457)
Hotel Malaysia (GPS: 5.42194, 100.33437)
Loke Thye Kee Residences (GPS: 5.41723, 100.33036)
Merchant Hotel (GPS: 5.42107, 100.33352)
Oriental Hotel (GPS: 5.42028, 100.33295)
Towné House Hotel (GPS: 5.42094, 100.33299)
Wassup Youth Hostel (GPS: 5.41622, 100.32964)

Sights along Penang Road

1, Penang Road (GPS: 5.42263, 100.33547)
Catholic Information Service (GPS: 5.42157, 100.3336)
Chowrasta Market (GPS: 5.41812, 100.33143)
Komtar (GPS: 5.41462, 100.32913)
Loke Thye Kee (GPS: 5.41703, 100.32992)
Odeon Visitor Gallery (GPS: 5.42022, 100.33253)
Ong Kongsi (GPS: 5.41502, 100.32883)
Mydin Wholesale Emporium (GPS: 5.41879, 100.33149)
Penang Bazaar (GPS: 5.41847, 100.33161)
Police Headquarters (GPS: 5.41807, 100.33078)
Segara Ninda (GPS: 5.42229, 100.33427)
St Francis Xavier Church (GPS: 5.42211, 100.33253)
St Joseph's Home (GPS: 5.42294, 100.33541)
The Garage (GPS: 5.42294, 100.33541)
The Lighthouse Drop-In Centre (GPS: 5.42145, 100.33335)
(former) Wing Look Restaurant (GPS: 5.41738, 100.33055)

Eateries on Penang Road

Joo Hooi Cafe, at Keng Kwee Street junction (GPS: 5.41713, 100.33061)
Kafe Kheng Pin, at Sri Bahari Road junction (GPS: 5.42059, 100.33275)
Kedai Kopi Ho Ping, at Kampung Malabar junction (GPS: 5.41929, 100.33219)
Kedai Kopi May Loon, at Kimberley Street junction (GPS: 5.41765, 100.33103)
Kedai Makanan Hock Seong Choon, at Bertam Lane junction (GPS: 5.41541, 100.329)
Kek Seng, at Kampung Deli junction (GPS: 5.41625, 100.32927)
Line Clear nasi Kandar (GPS: 5.41965, 100.33253)
Penang Road Famous Chendol (GPS: 5.41716, 100.33076)
Penang Road Famous Teochew Chendul (GPS: 5.41711, 100.33072)
Restoran Hyderabad Recipes (GPS: 5.42188, 100.33391)
Restoran Sup Hameed (GPS: 5.42194, 100.33398)
~~Tokaiya Japanese Restaurant~~ (closed), at Hutton Lane junction (GPS: 5.41892, 100.3316)

Pubs on Penang Road

Sections of Penang Road

The northernmost section, now called Upper Penang Road, runs from the junction with Lebuh Farquhar, to the junction with Jalan Sultan Ahmad Shah. This section is now closed to vehicular traffic. Before that, it was a unique road with traffic running on the right side rather than the usual left. It is hemmed in on one side by The Garage (at time of writing, undergoing renovations) and the City Bayview Hotel. Upper Penang Road is the venue of the monthly Little Penang Street Market and host a number of pubs and restaurants.

The second section of Penang Road runs from the junction of Jalan Sultan Ahmad Shah to Lebuh Chulia. This section has several low-budget hotels. Also located here is the Ku Din Ku Meh House and the St Francis Xavier Church.

The third section of Penang Road runs from the junction of Lebuh Chulia to the junction of Jalan Burma. This is regarded as the most important section in the 1970's, when Penang Road was the main shopping street of the island. In the earlier part of Penang history, in the 19th century, this was a very cosmopolitan section settled by several different communities. Today only the road names survive them, as the character of the street becomes more homogenously Chinese. These roads branching out from Penang Road tells a story of the bygone communities. Kampung Malabar was where the Malabaris of South India settled. Sri Bahari Road was named after the North Indian community, whose temple, the Sri Kunj Bihari, is still standing. Jalan Dato Koyah was also named after a South Indian personality, in this case a Malabari miracle healer named Syed Mustapha Idris @ Dato Koya.

Further down the road was the Chowrasta Market, a venue originally established by the Tamil community. Across the road from Chowrasta Market is the Central Police Headquarters, one of the biggest buildings built by the British administrators, and completed just before the Second World War.

At the junction of Keng Kwee Street are the two famous Teochew Cendol stalls. Wing Look and Loke Thye Kee are two very famous bygone restaurants along this stretch of Penang Road that unfortunately have since closed down.

The final section of Penang Road runs from the junction of Jalan Burma to Magazine Circus, the junction of Penang Road with Macalister Road, Dato Kramat Road, Magazine Road and Jalan Gurdwara (formerly Brick Kiln Road). A sixth road that leads out of this junction, Gladstone Road, has since been erased by the construction of Komtar, the biggest urban development project in Penang. Across the road from Komtar is Ong Kongsi, an ornate clan temple.

Source from penangtraveltips.com

Jalan Penang, George Town
, Penang