Hotels & Hospitality

99-room Limited Service hotel in Pudu

Jalan Pudu, Kuala Lumpur, Kuala Lumpur, 50200, MY

99-room Limited Service hotel in Pudu_Property for Sale

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99-room Limited Service hotel in Pudu 2_Property for Sale

Asset description

JLL has been appointed on behalf of the owner to facilitate in the sale of a 99-room limited service hotel in Pudu. The 10-storey commercial building was renovated in the year 2017, hence minimal CAPEX is required.


The hotel is located within walking distance of Pudu Sentral, the bus transit hub of Kuala Lumpur with excellent connectivity throughout the country. It has close proximity to public transportation as well as tourist attractions. The new owner has an excellent opportunity to have vacant possession of the hotel management.

Attributes

Number of units
99 units
Building area gross
42,625 sf
Year built
2000
Land area Gross
0.09 acres (3,877 sf)
Tenure
Freehold

Investment highlights


  • Strategically located next to Pudu Sentral
  • 10-storey high commercial building on a freehold site
  • Relatively new; Completed in year 2017 hence minimal CAPEX required
  • 450m & 600m away from Plaza Rakyat & Masjid Jamek LRT Stations; 1.3km away from Hang Tuah Monorail Station
  • Nearby amenities include Petaling Street Market, Mydin Kotaraya, Stadium Merdeka etc.
  • Motivated vendor
  • Excellent opportunity to have vacant possession of hotel management
99-room Limited Service hotel in Pudu 4_Property for Sale

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Last updated
Sep 30, 2021