FOR SALE: Semi-Detached Factory @ Tiong Nam Industrial Park, Shah Alam
Tiong Nam Industrial Park, Section 15, Shah Alam
2 Adjoining units of Semi-Detached factories
combined area of 28,000 sq ft
combined area of 33,500 sqft
RM 16.5 Million ONO
1. The properties are currently being occupied by a public listed company as a corporate office with a small warehouse area at the rear of the building.
2. The second floors of the buildings are fully extended to the back of the property.
3. The buildings are extensively renovated to include Management meeting rooms, office rooms, executive lounge area, kitchen and cafeteria for the staff and a generous reception area.
4. Vertical communication within the buildings is facilitated by two passenger lifts and complemented by four reinforced concrete staircases located at the front and rear of the buildings.
5. A sale and leaseback of the building can be considered, with a guaranteed return of 6% p.a. based on the actual selling price.
6. Tenure of lease period of 5 years with an option to renew 3 years.
7. The sale excludes the movable furnishing.