Axis Industrial Facility 1 @ Shah Alam


 



 

 

Axis Industrial Facility 1 @ Shah Alam is a 3-storey office cum warehouse facility that was renovated and upgraded in 2013. It is occupied by Asia Pacific Aircraft Component Services Sdn Bhd., one of the world's leading independent providers of technical services for the civil aviation sector. The facility acts as the new Center of Excellence for component maintenance to complement their component repair network in Switzerland and Spain.

This property enjoys dual frontage onto 2 major roads and additional frontage onto an internal road within Section 15, Shah Alam. It is located approximately 20 kilometres to the south-west of the Petaling Jaya town center and about 3 kilometres to the south-east of Shah Alam town centre.

Access to the facility is easily available from the Federal Highway via a slip road leading to Persiaran Sultan, Bulatan Selangor, Persiaran Selangor and thence onto Jalan Keluli 15/16. Alternative access is from Shah Alam Expressway (KESAS Highway) via Persiaran Kuala Selangor, Persiaran Tengku Ampuan, Bulatan Sejahtera, Persiaran Selangor and thence onto Jalan Keluli 15/16.

 

PURCHASE PRICE
RM52,500,000

APPRAISED VALUE
RM51,000,000

 

TYPE
Office/Industrial

ACQUISITION
DATE

18 December 2014

NUMBER OF
TENANTS

2

LAND AREA
132,697 sq ft
[12,328 sq m]

NET LETTABLE
AREA

159,939 sq ft
[14,983 sq m]

OCCUPANCY RATE
75.07%

TITLE
Leasehold expiring on 12 January 2086

LAND TITLE
H.S(D) 23390, PT 61, Seksyen 15 , Bandar Shah Alam, District Petaling, State of Selangor.

AGE OF BUILDING
32 years

ADDRESS
No. 3, Jalan Keluli 15/16
Section 15
40200 Shah Alam
Selangor

MAJOR TENANTS
Asia Pacific Aircraft Component Services Sdn Bhd
Posim Petroleum Marketing Sdn Bhd