Prime Detached Property on Lorong Macalister in George Town.
For
SALE MYR 4,200,000
per month
MYR 1,244/sq.ft
Title: Freehold
Tenure: 0 Years
Bedroom:
Bathroom:
Built-up Area: 0 sq.ft
Land Area: 3,376 sq.ft.
Others:
Tenanted
Rental Return: MYR 0
No of Years: 0
Commencement Date :
Presenting a unique opportunity in the heart of George Town. Situated on Lorong Macalister, strategically nestled between the bustling Jalan Macalister and Burmah Road, is a detached property now on the market for MYR 4.2M, negotiable. Importantly, this is not a heritage property, offering flexibility for modern renovations or developments.
Holding a freehold tenure, this property sprawls over an expansive 3,376 sqft land area. It's not just the size but the potential that sets this property apart; the sale includes planning approval for a 9-storey hotel, designed to feature 35 ensuite bedrooms.
The location is unbeatable. Lorong Macalister is a stone's throw away from some of George Town's most iconic landmarks and amenities. Residents and businesses alike benefit from proximity to a host of cultural sites, shopping destinations, renowned eateries, and recreational areas. Whether you're thinking of setting up a commercial venture or a residence, the surrounding neighborhood promises a blend of cultural richness and urban convenience.
Don't miss out on this chance to own a prime piece of George Town real estate, rich with potential and perfectly positioned for future growth.
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