Budget Penang Hotel For Sale | Operational | Renovation Possible

Why invest in this Budget Penang Hotel For Sale?

• Operational
• Renovation could increase room rates
• Walking distance to Komtar and other tourist hotspots

Invest into one of Malaysia’s most popular tourist destinations by acquiring this Budget Penang Hotel For Sale. This exciting property in George Town is currently operational, although a renovation and rebranding could help it support more profitable room rates.

The Budget Penang Hotel For Sale has 49 keys with several different room types on offer. It is listed on most major travel booking sites and could possibly accommodate tour groups as well. The site has on-site parking.

Situated in George Town, this property is within walking distance of Komtar Penang and the surrounding area where numerous tourist activities can be found. Plenty of restaurants are located around the hotel for added guest convenience.

This Budget Penang Hotel For Sale has a current asking price of MYR9.5 million (US$3.3 million) It sits on a 1068 squarer meter land plot.

It holds a commercial title, and the property is for sale on a freehold basis to both domestic and overseas buyers.

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