Kerry Warehouse

 



 

 

The property is a purpose built single storey warehouse building on 2.512 hectares of land located along Jalan Nikel 2 in Zone 12C of Kawasan Perindustrian Pasir Gudang , Johor. It is located about 23 kilometers east of Johor Bahru City Center.

The property is tenanted by Kerry Ingredients (Malaysia) Sdn Bhd for storage of food ingredients.

 

PURCHASE PRICE
RM33,000,000

APPRAISED VALUE
RM34,000,000

GROSS REVENUE
RM2,738,400

 

CATEGORY
Industrial

ACQUISITION
DATE

24 July 2017

NUMBER OF
TENANTS

1

LAND AREA
2.512 hectares
[approx. 270,389 sq. ft.]

NET LETTABLE
AREA

163,000 sq. ft.

AVERAGE OCCUPANCY
100%

TITLE
Leasehold 60 years expiring 20 March 2073

AGE OF BUILDING
Approx. 3 years

ADDRESS
PLO 731,
Jalan Nikel 2,
Kawasan Perindustrian Pasir Gudang,
81700 Pasir Gudang,
Johor

MAJOR TENANTS
Kerry Ingredients (Malaysia) Sdn Bhd