Properties for Sale in Bunut Payung

3-Storey Commercial Building, Bunut Payong, Kota Bharu

2 baths · 1,600 sq ft

3-storey commercial building strategically located along the main road at Bunut Payong, Kota Bharu, in the same row as MR.DIY. Freehold property with approximately 20' x 80' per floor. Fully tenanted with current rental income of approximately RM6,600 per month, offering an attractive gross rental yield of approximately 6.9% p.a. An ideal investment property with immediate rental income from existing tenants. Offered at RM1.15 million, below the current market value of RM1.3 million. Only about 3km from Kota Bharu city centre, with easy access to Wakaf Che Yeh and the developing ECRL Tunjong area.