Freehold 57 Room Licensed Hotel Gurney Penang
Persiaran Gurney, Penang
RM 23,000,000
Property Type
Listing Type
Property ID
20260114142101
Location
Listed By
WhatsAppSpecifications
The Edge Headline
Freehold 57 Room Licensed Hotel Gurney Penang
Tenure
Land Area
15136
Built Up Area
12531
Bumiputera Lot
No
Postcode
Property Guru Area
Property Guru Township
Lebuh Chulia
New Launch Units
-
Title Type
Land Title Type
Year Built
Before 2000
Furnishing
Negotiable
Yes
Description
Asking Price: RM23 Million (Negotiable)
Land Status: 1st Grade Freehold
57-Room Operational Hotel Investment Ready
A rare chance to own a licensed, fully operational hotel in the highly sought-after Gurney vicinity, one of Penangs top tourist, shopping, and medical hubs. The property sits on prime freehold land ideal for investors seeking steady returns, redevelopment potential, or branding opportunities.
Key Features & Highlights
-Photo for illustration use only
Freehold Land High Capital Appreciation Potential
Fully Licensed Hotel Legal & Ready to Operate
57 Furnished Rooms Modern & Well-Maintained
Strategic Gurney Location High Tourist & Local Traffic
Lock, Stock & Barrel Sale Smooth Business Takeover
Excellent Condition No Major Renovation Required
Property Specifications
Land Area: 15,136 sq ft
Built-Up: 12,531 sq ft
Total Rooms: 57
Block A: 30 rooms
Block B: 27 rooms
Configuration: 4 Storeys (2 Blocks)
Facilities:
Fully furnished rooms with attached bathrooms, AC & heaters
Front desk + reception + office
Self check-in kiosk
Lift shared between both blocks
2 stairsases (separate per block)
Common gender-separated washrooms (Ground Floor)
Contact me
Crystal Tee
016559 6624
Loan & Insurance Calculator
Estimates onlyRates: Bank Negara Malaysia (indicative effective lending rate), refreshed daily. Tap a bank to apply its rate.
Monthly Instalment
-
Loan Amount
-
Total Interest
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MRTA vs MLTA Comparison
Indicative estimates - actual premiums depend on insurer, health & plan| MRTA | MLTA | |
|---|---|---|
| Estimated Premium | - | - |
| Payment | One-off (usually financed into loan) | Monthly / yearly premium |
| Coverage | Reducing - follows loan balance | Level - fixed sum assured |
| Beneficiary | Bank (settles the loan) | Family (loan settled, balance to family) |
| Cash Value | None / minimal | Yes - may have cash value |
| Transferable | Tied to this loan | Portable to next property |
All figures are estimates for reference only and do not constitute financial advice. Loan approval, interest rates and insurance premiums vary by bank, insurer, age, health condition and coverage chosen. Please consult your banker or licensed financial adviser for exact quotations.
Nearby Places
Map data © OpenStreetMap contributors. Approximate location based on property name and area.
