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For sale
access_time 2 days ago

3-Stars Hotel in Ipoh Town For Sales

property location

Ipoh, Perak

RM30,000,000

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Est. mortgage RM 0 /mo

For sale
access_time 2 days ago

Overview

Property type

Hotel / Leisure

Property type

No of Bedroom

126 R

Room(s)

Car Park

90 Car Parks

Car Parks

builtup/land area

119,500 sqft

Built-up area

builtup price

RM 251.05/sqft

Built-up price

Lot type

Non Bumi Lot

Lot type

Details

Furnishing:
Fully Furnished
Listing ID:
LIDM3490657
Land area price:
RM 1,016.95/sqft
Built-up price:
RM 251.05/sqft
Tenure:
Freehold
Listing type:
For sale
Built-up:
119,500 sqft
Land area:
29,500 sqft
Land Title:
Commerical
Title Type:
Individual
Unit Type:
Corner lot
Occupancy:
Tenanted

Description

CBD Properties is pleased to offer an investment opportunity in a high occupancy hotel located at a highly desirable location in the heart of Ipoh town.
The hotel comprises of three (3) buildings. A 10 ½ -storey main building with a basement carpark was constructed on a three (3) adjoining shoplots and a 6 ½-storey extension of the main building connected with a skybridge was constructed on a five (5) adjoining shoplots. The 3rd building with 4-storey was constructed on a 2 adjoining shoplots.

Strategically situated in the heart of Ipoh town, the three-star hotel lies within a five-minutes drive to popular Ipoh Parade Shopping Mall and walking distance to many Ipoh famous restaurants, namely Ipoh Tuck Kee, Ipoh famous Aun Kheng Lim Salted Chicken, Funny Mountain Soya Bean, Famous Nasi Ganja, Lou Wong Beansprout Chicken and many more. Accessibility is everything for this hotel as both Train Station and Airport are within 10 minutes drive.

The hotel's location and accessibility make it a perfect place for both family holidays and business trips, and because of that, the occupancy rate is high most of the time especially ever since tourism is returning. With more direct flights from Singapore to Ipoh offered by both Air Asia and Scoots, tourists have been flocking in and driving the economy in businesses especially in hotel sector...
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