Axis Hypermarket @ Johor
(formerly known as 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 hypermarket is housed in the main commercial precinct of Setia Eco Garden in Taman Bukit Indah, Johor Bahru.

This 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 Lotuss Stores (Malaysia) Sdn Bhd.

 

PURCHASE PRICE
RM75,600,000

APPRAISED VALUE
RM106,000,000

 

TYPE
Hypermarket

ACQUISITION
DATE

1 October 2010

NUMBER OF
TENANTS

1

LAND AREA
422,370 sq ft
[39,239 sq m]

NET LETTABLE
AREA

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

OCCUPANCY RATE
100%

TITLE
Freehold

LAND TITLE
H.S.(D). 457193 for PTD 163837 in the Mukim of Pulai, District Of Johor Bahru, State of Johor

AGE OF BUILDING
12 years

ADDRESS
No. 1, Jalan Bukit Indah 15
81200 Johor

MAJOR TENANTS
Lotuss Stores (Malaysia) Sdn Bhd