Tesco Bukit Indah

 



 

 

Prominently located at the major traffic junction of Jalan Bukit Indah 15 and Jalan Sungai Danga, this freehold property enjoys good exposure and visibility. The Tesco Hypermarket is newly completed and is housed in the main commercial precinct of Setia Eco Garden in Taman Bukit Indah, Johor Bahru.

This Tesco Hypermarket provides a net lettable area of about 233,579 sq feet with ample sheltered 1,096-bay ground floor car park within and flanking the complex. The purchase of this property is inclusive of a long-term lease of a fixed period of 30 years with Tesco Stores (Malaysia) Sdn Bhd.

 

PURCHASE PRICE
RM75,600,000

APPRAISED VALUE
RM96,000,000

GROSS REVENUE
RM6,739,000

 

CATEGORY
Commercial Complex

ACQUISITION
DATE

October 1, 2010

NUMBER OF
TENANTS

1

LAND AREA
422,370 sq ft
[39,239.48 sq m]

NET LETTABLE
AREA

233,579 sq ft
[21,700 sq m]

AVERAGE OCCUPANCY
100%

TITLE
Freehold

AGE OF BUILDING
6 years

ADDRESS
No 1, Jalan Bukit Indah 15,
81200 Johor

MAJOR TENANTS
Tesco Stores
(Malaysia) Sdn Bhd