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Penang · Vervea 3 Storey Shoplot Facing IKEA Main Road Lift 4.3% ROI Below MV

Vervea 3 Storey Shoplot Facing IKEA Main Road Lift 4.3% ROI Below MV - 1
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Shop / OfficeFor Sale

Vervea 3 Storey Shoplot Facing IKEA Main Road Lift 4.3% ROI Below MV

RM 1,500,000

Batu Kawan, Penang

2Baths

Bathrooms

3,850 sqft

Size

Freehold tenure

Tenure

Description

Vervea Batu Kawan 3-storey shoplot for sale. Strategically located fronting main road and directly facing IKEA, offering strong visibility and high traffic exposure.Selling Price: RM1.5mil (nett)Property Details:3-storey commercial shoplot with liftSize: 22’ x 75’Built-up: approx. 3,850 sqftMain road frontageSelling with existing tenancyRental Details:Ground Floor: RM2,7001st Floor: RM1,9002nd Floor: Vacant (est. RM800)Total potential rental: RM5,400/monthEstimated annual: RM64,800Approx. 4.3% yieldIndicative market value: RM1.65mil – RM1.9milKey Highlights:Below market valueFacing IKEA Batu KawanHigh exposure commercial hotspotImmediate rental income with upside potentialSuitable for investors or own business useFor more information or viewing arrangementChloe AngProperty Consultant | PenangWhatsApp: 0*1*1*3*6*3*2**8*9*8*2*Instagram & Facebook: chloeang.propertyXHS: 小红说房 · 槟城房产顾问

Key Features & Facilities

Amenities

Security guard

Common Facilities

24 hours security

Specifications

Property TypeShop / Office
FurnishingBare
Built-up Size3,850 sqft
TenureFreehold tenure
Listed Date19 Mar 2026

Location

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📍 Batu Kawan, Penang

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Chloe Ang

Chloe Ang

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Chloe Ang

Chloe Ang

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