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For rent
access_time 9 days ago

Colonial Mansion on Expansive Grounds, Peel Avenue, Pulau Tikus.

property location

Pulau Tikus, Penang

RM40,000

For rent
access_time 9 days ago

Overview

Property type

Bungalow / Detached House

Property type

No of Bedroom

7 + 2 BR

Bedroom(s)

No of Bathrooms

4 B

Bathroom(s)

builtup/land area

18,000 sqft

Built-up area

builtup price

RM 2/sqft

Built-up price

Lot type

Non Bumi Lot

Lot type

Details

Furnishing:
Any
Listing ID:
LIDM3599344
Land area price:
RM 1/sqft
Built-up price:
RM 2/sqft
Tenure:
Freehold
Listing type:
For rental
Built-up:
18,000 sqft
Land area:
35,000 sqft
Land Title:
Residential
Title Type:
Individual
Unit Type:
Corner lot

Description

A rare opportunity has emerged in the heart of Pulau Tikus with this distinguished double-storey colonial heritage mansion, set on an expansive parcel of approximately 35,000 sq ft. Classified as a Category II heritage property, the facade is to be preserved, while the interiors allow for adaptive reuse and modernisation. With residential zoning and potential commercial or institutional flexibility (subject to approval), the property offers immense versatility.

For sale at RM52 million negotiable, or for rent at RM40,000 per month negotiable, this estate presents a trophy acquisition in one of Penang’s most prestigious addresses. The large grounds, dual entry access, and flexible layout make it well-suited for a variety of uses, whether as a luxury private residence, a consulate, a boutique hotel or retreat, a medical or wellness centre, or an educational or cultural institution.

Its location is unrivalled. The mansion sits just 700 metres from Island Hospital and within minutes of Gleneagles Penang, Gurney Paragon, and Gurney Plaza, as well as the vibrant Gurney Drive seafront. Surrounded by luxury condominiums, embassies, and private schools, and only 30 minutes from Penang International Airport, the property combines heritage charm with urban convenience.

This is a one-of-a-kind offering for discerning investors or operators seeking to secure a landmark property in George Town. Whether purchased for long-term conservation or leased for immediate use, this colonial mansion represents both prestige and potenti...
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