Batu Ferringhi

Prime Commercial Investment Property – For Sale at RM15 Million (o.n.o.)A rare opportunity to own a high-yield commercial property in the heart of Batu Ferringhi, Penang’s premier beachfront destination. Strategically located near luxury resorts, high-end condominiums, upscale restaurants, Uplands School, and just a short walk to the sandy beach, this asset enjoys heavy tourist footfall and high vehicle traffic year-round.The property sits on 1,970 sqm (approx. 21,213.21 sqft) of freehold commercial land with a total built-up of approximately 21,000 sqft, and comprises:A licensed 42-room ensuite budget hotel with an operating license and an indoor poolFour main-road frontage shoplots, with strong visibility and exposureThe property currently generates a total gross rental of approximately RM59,000 per month, or RM708,000 per year, translating to an attractive gross rental yield of approximately 4.72% based on the asking price of RM15 million.This is a sale on an as-is basis, ideal for investors seeking immediate passive income. Alternatively, the site offers excellent redevelopment potential for a bespoke commercial venture in one of Penang’s most desirable tourist zones.Serious offers are welcome.