George Town, Penang @ 6sty Detached - 42 rooms - 12,500sf - Tourist Hotspot !

❈ LOCATION HIGHLIGHTS ▸ Prime location within George Town, Penang, a UNESCO-listed heritage city and major tourism hub ▸ Surrounded by heritage attractions, government offices, medical centres, shopping complexes, banks, and established commercial districts, supporting strong and consistent hotel occupancy ▸ Continuous growth driven by tourism recovery, infrastructure upgrades, and increasing international arrivals ❈ PROPERTY DETAILS ▸ Property type: 6-storey detached boutique hotel ▸ Land area: Approx. 6,800 sf ▸ Total built-up: Approx. 12,500 sf ▸ Configuration: 42 fully fitted guest rooms ▸ Condition: Recently renovated with modern finishes, allowing savings of up to RM2 million in renovation costs ▸ Design & ambience: Contemporary-meets-heritage concept with warm tones, efficient room layouts, and inviting common areas suitable for leisure and business travellers ▸ Facilities & spaces: Reception lobby, lounge area, storage rooms, staff facilities, and flexible spaces suitable for café, vending, co-working, or event use, creating additional income potential ▸ Parking: Dedicated on-site parking and nearby public parking facilities for guests and operators ▸ Current income: Asking rental at RM62,000 per month ▸ Transaction terms: No buy-over fee required ❈ INVESTMENT EDGE / ADVANTAGES ▸ Strategic location within a high-demand tourism and commercial district ▸ Detached building offers strong branding, privacy, and operational flexibility ▸ High room count enhances scalability and revenue potential ▸ Immediate income with minimal capital expenditure required ▸ Strong long-term value supported by George Town’s heritage status and tourism fundamentals ▸ Attractive yield potential compared to similar hotel assets in Penang ❈ DISCLAIMER Content and photos may differ from actual conditions. Viewing is recommended for accurate assessment. ❈ AGENT BRANDING VIVAHOMES ‘ ’ – Malaysia TOP Hotel & Commercial Agent with Most Valuable Listings to share