Axis Vista 2


 



 

 

Axis Vista 2 is a leasehold industrial complex composed of a four and a half-storey detached building with a rooftop with existing use as a 3S Service Centre.

The property is a significant landmark located along Jalan 51A/219 within the industrial scheme of Seksyen 51A, Petaling Jaya. Axis Vista 2 has direct access to the Federal Highway which makes the property accessible from Kuala Lumpur, Shah Alam and Petaling Jaya.

The property is a sale and leaseback acquisition occupied by Cycle & Carriage Bintang Berhad with a long-term tenancy. The company is one of the premier car dealerships for Mercedes-Benz.

 

PURCHASE PRICE
RM69,000,000

APPRAISED VALUE
RM69,000,000

 

TYPE
Office Industrial

ACQUISITION
DATE

15 July 2024

NUMBER OF
TENANTS

1

LAND AREA
9,568.70 sq m (102,997 sqft)

NET LETTABLE
AREA

156,000 sq ft

OCCUPANCY RATE
100.00%

TITLE
Leasehold expiring on 7 January 2067

LAND TITLE
PT 19, HSD 171216, Bandar Petaling Jaya, Daerah Petaling, Selangor.

AGE OF BUILDING
18 years

ADDRESS
Lot 19, Jalan 51A/219, Off Federal Highway, 46100 Petaling Jaya, Selangor Darul Ehsan.

MAJOR TENANTS
Cycle & Carriage Bintang Berhad