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Summit USJ, Selangor – Good Investment Retail/Shop Lot

For Sale

RM950,000 ~~RM1,300,000~~

Property Name:

Summit USJ, Selangor - Good Investment Retail/Shop Lot

Featured

Land Area

582 sq ft (built up)

Features

Description

This ground floor shop lot is situated in one of the best positions in the shopping centre, close to Home Pro and the entrance of Summit Hotel. Home Pro has high walk-in traffic and is an anchor tenant.

The property is valued at RM1.3m and is currently priced at RM950k.
The current tenant’s contract will end on 31/10/2021.
Monthly rental is RM5,000 with a further term of 2 years at prevailing market rate or 10% increase*.

Highly attractive purchase for 2021, with an ROI of 6.3%. Renovation costs around RM100k.

About Summit USJ
Located nearby Summit Hotel and Menara Summit tower in USJ 1, this shopping mall is the second home to many residents from Subang Jaya area. It has many entertainment outlets and is always lively, even hosting events and performances throughout Chinese New Year 2021.

Summit USJ is owned by AmFIRST REIT with a diverse portfolio of 9 properties and an NLA of 3.2m sf.

For more details contact or Whatsapp Daniel at 0192881237.

*whichever has the LOWER rate.