Indahpura Facility 4

 

 

 

Indahpura Facility 4 is a freehold industrial property comprising of a single storey detached factory with an annexed double storey office building and ancillary buildings.

The property is located along Jalan i-Park 1/6 within the gated and guarded Kawasan Perindustrian i-Park located at Bandar Indahpura, Kulai, Johor. The property is also located near other Axis-REIT properties, at Jalan i-Park 1/8 and Jalan i-Park 1/10 within the same industrial park. Kulai town centre is located approximately 4 kilometres by road due north-west of the property whilst Johor Bahru city centre is situated 34 kilometres by road due south-east of the property.

The property is currently occupied by HQPack Sdn Bhd, a company that manufactures industrial packaging for the high-end semiconductor industry. HQPack is a multinational company whose headquarters is situated in Eindhoven, Netherland. The property is one of the facilities set up in Southeast Asia to provide local support and services.

 

PURCHASE PRICE
RM16,300,000

APPRAISED VALUE
RM18,300,000

 

TYPE
Manufacturing Facility

ACQUISITION
DATE
8 March 2022

NUMBER OF
TENANTS
1

LAND AREA
9,141 sq m

NET LETTABLE
AREA
59,955.91 sq ft

OCCUPANCY RATE
100%

TITLE
Freehold

LAND TITLE
HS (D) 71135 PTD 110430, Mukim Kulai, Daerah Kulai, Johor

AGE OF BUILDING
2 year

ADDRESS
No. 89A, Jalan i-Park 1/6, Kawasan Perindustrian i-Park, Bandar Indahpura, 81000 Kulai Johor.

MAJOR TENANTS
HQPack Sdn Bhd