Land Area: 279,097 sq.ft.
We are pleased to present a substantial warehouse located in the prime industrial area of Bukit Minyak. This leasehold property, available until 24/03/2068, spans a generous land area of 6.40719 acres.
The total built-up area of the warehouse is 226,676.90 sqft, which includes 174,925 sqft of warehouse space and 51,751 sqft of office space. This property is equipped with an 800amp electric supply, a comprehensive water sprinkler system with a capacity of 105,600 gallons, and a floor load capacity of 2 tons/m². The warehouse boasts a ceiling height of 40 feet, ensuring ample vertical storage space.
Parking facilities are well accommodated with 20 motorcycle bays, 57 car bays, 18 lorry bays, and 18 container loading bays. This provides extensive convenience for both staff and logistical operations.
Currently, 70% of the property is tenanted, generating a monthly rental return of approximately MYR 270K. The remaining 30% is owner-occupied. Tenancy is based on yearly renewals, offering flexibility for future adjustments.
The sale price is set at MYR 68 million, which includes over RM 5 million in value-added features. These additions consist of RM 3 million in renovations and office furniture, RM 1 million spent on piling, RM 300,000 invested in a solar system for energy savings, RM 300,000 on air conditioning, RM 100,000 for foundation and CCTV installation, and RM 300,000 on racking. The racking beam sizes are 3.3 meters, 2.7 meters, and 2.1 meters, catering to various storage needs.
This warehouse is an exceptional investment opportunity, offering extensive space, modern facilities, and strategic location in Bukit Minyak. The property's infrastructure and sustainability features enhance its value and suitability for diverse industrial applications.
For more details or to arrange a viewing, please contact us.
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