Axis Facility 3 @ Bukit Raja


 



 

 

Axis Facility 3 is a leasehold industrial complex composed of a total 59.96 acres.

The property is situated within Kawasan Perindustrian Bukit Raja, an established industrial area located within the vicinity of Bukit Raja Prime Industrial Park, Kawasan Perindustrian Sungai Rasau and Seksyen 16, Shah Alam. The property is adjoining to Axis Facility 2 @ Bukit Raja, an existing property owned by Axis-REIT.

The property is occupied by Amsteel Mills Sdn Bhd with a long-term lease. The company is in manufacturing and marketing of steel bars and wire rods.

 

PURCHASE PRICE
RM313,000,000

APPRAISED VALUE
RM314,000,000

 

TYPE
Manufacturing Facilities

ACQUISITION
DATE

8 October 2024

NUMBER OF
TENANTS

1

LAND AREA
242,642.79 sq m (2,611,785 sqft)

NET LETTABLE
AREA

924,000 sq ft

OCCUPANCY RATE
100%

TITLE
Leasehold

LAND TITLE
LeaseholdLand 1: HSD 17795, PT3494, Mukim Kapar, Daerah Klang, Selangor Darul Ehsan.
Land 2: HSD 31354, PT17631, Mukim Kapar, Daerah Klang, Selangor Darul Ehsan.

AGE OF BUILDING
33 to 40 years

ADDRESS
Lot 6, Solok Waja 2, Kawasan Perusahaan Bukit Raja, 41050 Klang, Selangor Darul Ehsan.

MAJOR TENANTS
Amsteel Mills Sdn Bhd