Friday, 17 February 2017
WTJV: EXTENSION OF HOTEL IN MELAKA (PRIME LOCATION)
WTJV: EXTENSION OF HOTEL IN MELAKA
• Existing hotel building with 37 rooms
• 5 minutes walk to Jonker Street
• Centre and prime location
• Complementary Private car park
• 4 stories
• Total land size: 34,866 sft.
• Build up size for existing hotel about 60,000 sft.
• Currently rented to a hotel management team
• 90% occupancy rate
Due to the high demand of existing hotel, the owner is currently planning for the extension of second phase. Upon completion, can fit a total of 100 rooms (including existing 37 rooms). A swimming pool will also be included.
** Looking for a serious investor
1) with purely investment purpose (hotel will be leased to existing or other hotel management team) OR
2) with the purpose of managing the hotel (Investment capital = up front rental)
**Investment capital around RM12,000,000
Kindly contact Teoh 0124742201 if you have potential client.