Multimedia University (MMU) is well known landmark in Cyberjaya and next to it is the Neocyber business area. If you are looking for retail shop lot and want to target the university students, this Neocyber is the first place to consider. It is less than 5 minutes away and reachable by car, bus, cycling or walking. For this close proximity, this location is having the highest occupancy rate and over 90% of the shop lots are occupied and with business running. There are pharmacy, grocery store, food F&B, clinic, dobi laundry shop, and many more.
For this Neocyber shop lot, right now I have a ground floor unit coming in and available for sale. It’s currently tenanted with good rental income of over RM60,000 per annum. That is over 5% per annual rental income. Current market price is over RM1.35mil to RM1.45mil and previous transactions are at this price as well. If you are looking for under priced commercial property, this is one of it. All Neocyber owners are welcome to list with me.
Quick Specification & Summary
Here are some of must know specs for this house
- Property type: Ground floor shop lot for sale, intermediate unit.
- Location: Neocyber, Cyberjaya, 63000 Selangor
- House number: No.xx, Lingkaran Cyber Point Barat
- Car park: unknown
- Freehold/Leasehold: freehold
- Direction: Facing north-east.
- Land size: 24×60 feet.
- Remarks: High ceiling 19 feet.