3 Storey Terraced Shophouse on Jalan Telaga Air in Butterworth

For

SALE MYR 1,200,000

MYR 923/sq.ft

Title: Freehold

Tenure: 0 Years

Bedroom:

Bathroom:

Built-up Area: 3,900 sq.ft

Land Area: 1,300 sq.ft.

Others:

Tenanted

Rental Return: MYR 3,600

No of Years: 5

Commencement Date :

A prominently located three-storey terraced shophouse sited on Jalan Telaga Air in Butterworth is now for sale MYR 1.2M o.n.o. with ongoing tenancy (MYR 3,600 monthly rent, 5 years tenancy to go).

Sited on a rectangular shaped intermediate flat land sized 1300sqft, which is a strategic location for business.

Some background info on investment potential of the property:

Jalan Telaga Air is a road that connects the past to the future - With a mix of modern and historic shophouses on either side, the road looks like an ordinary main road passing through the old commercial district of Butterworth.

More than 70 years ago though, the 800-metre road that connects Jalan Bagan Luar to Jalan Raja Uda used to be the main connection to Permatang Pauh and further south to Ipoh and Kuala Lumpur.

Shops on that road are always busy and teeming with customers. In fact, this is the very road where the first and largest supermarket in Butterworth was located back in the 1970s when malls still did not exist.

Jalan Telaga Air, Kampung Paya, 12200 Butterworth
, Penang