3-storey shop office, SS2 Petaling Jaya
◍ SS2
Corner lot on the main commercial stretch, tenanted to an F&B operator until 2029.
About this property
A well-held corner shop office on one of Petaling Jaya's most established commercial stretches, five minutes from the SS2 wet market and within the mature SS2 catchment. Ground floor is let to an F&B operator on a lease running to 2029 with a fixed step-up at year three; the upper floors are fitted as offices and let to the same covenant. Freehold, individual title, and no outstanding structural works.
Property details
Price
- Asking price / rent
- RM 3,850,000
- Price psf
- RM 855.56 psf
Size
- Built-up area
- 4,500 sq ft
- Land area
- 1,650 sq ft
- Floors / units
- 3 floors
- Car parks
- 4 bays
Title & tenure
- Tenure
- Freehold
- Land title
- Commercial title
- Title status
- Individual title
Income
- Passing rent psf
- RM 2.35 psf/mo
- Market rent psf
- RM 2.6 psf/mo
- Annual rent
- RM 126,900
- Gross yield
- 3.3%
Tenancy
- Occupancy
- Tenanted
- WAULT
- 3.4 years to expiry · 1.4 years to break
- Number of tenants
- 1 tenant
- Anchor tenant
- Regional F&B chain
- Lease expiry profile
- 0% in 12 mo · 0% in 24 mo · 100% in 36 mo
Building
- Year completed
- 1998
Features
- Main road frontage
- Corner lot
- Sold with tenancy
- Newly renovated
Location
Approximate location only. The property sits somewhere within this circle — the exact address is held by Meridian Property Partners and released to interested buyers directly.
Similar listings
Comparable stock in SS2 and the same sector.
Mount Austin · Shop Office
Multi-tenanted shop office block, Mount Austin JB
RM 14,200,000RM 633.93 psf
- 22,400 sq ftBuilt-up
- 4%Gross yield
- 2.8 yearsWAULT
- FreeholdTenure