Johor Bahru, Iskandar Puteri ⭐ 3sty Corner ⭐ 38 Rooms ⭐ 11880sf ⭐ Main Road Frontage ⭐ Iskandar Puteri

Description
3sty Corner – 38 Rooms – 11880sf – Main Road Frontage ! ❈ LOCATION HIGHLIGHTS ▸ Strategically located in Iskandar Puteri, Johor Bahru, one of Johor’s fastest-growing tourism and commercial zones ▸ Surrounded by major demand drivers including LEGOLAND Malaysia, Medini business district, EduCity, Gleneagles Medini Hospital, retail malls, offices and residential townships ▸ Catchment Strength Families, tourists, corporate travellers, healthcare visitors, education and industrial professionals ▸ Accessibility Excellent connectivity via Coastal Highway, Second Link Expressway and major arterials Approx. 25 minutes to CIQ Johor Bahru City Centre Approx. 15 minutes to Second Link (Singapore) ▸ Growth Potential Ongoing Medini–Iskandar masterplan development, new residential projects and increasing Singapore spill-over demand Rising need for mid-range and budget hotel accommodation ❈ PROPERTY DETAILS ▸ Property Type: 3-storey corner hotel building ▸ Land Area: 4,950 sf ▸ Built-up Area: Approx. 11,880 sf ▸ Configuration: 38 fully fitted guest rooms ▸ Average Cost: Approx. RM1,056 per room ▸ Condition: Tastefully renovated with modern finishes – save up to RM1.8 million in capex ▸ Design & Ambience: Contemporary, clean and business-friendly layout with efficient room planning and welcoming guest areas ▸ Operational Status: Hotel in operation with strong occupancy and high ROI ▸ Operational Flexibility: No buy-over fee required ▸ Asking Rental: RM38,000 per month ▸ Indicative Rate: Approx. RM3.20 psf ❈ INVESTMENT EDGE / ADVANTAGES ▸ Corner hotel with strong frontage and visibility ▸ Located in Johor’s top tourism and growth corridor ▸ Fully fitted and running – immediate income with no setup cost ▸ Strong demand from Singapore visitors, theme park tourists, medical travellers and corporate guests ▸ High room count with low rental per room, supporting strong operating margins ❈ DISCLAIMER Content & photos may differ. Viewing is recommended for accurate assessment.
Location
79100, Johor, Malaysia
Listed By
Seamus Kor
Premium Property Specialist
Property Details
RM 38000.00
Commercial, Hotel / Resort
38
Bedrooms
38
Bathrooms
11880
Built-up (sq.ft.)
4950
Land (sq.ft.)
0
Car Parks
