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A ‘semi-polished’ diamond!
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By EdgeProperty.com
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Friday, 18 September 2009 19:20 |
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The offering is a mature piece of commercial land that is poised at the brink of burgeoning development.
A rare piece of property that is indeed a “semi-polished” diamond, due to its FREEHOLD status, extremely strategic location, market demand and exceptional features.
Very near Penang Bridge, this 15.9-acre commercial land with a 520m expressway frontage is located within the conurbation of Georgetown.
A quick “flip-over” development, its superb location provides easy access to the Penang Bridge in just three minutes and to Penang Island in just 11 minutes (now that the 3rd lane is fully open.)
A unique 2-lane direct ingress and egress facility from the PLUS Expressway lends the property a high profile with an unsurpassed visibility to at least 60,000 vehicles a day.
The ingress (within the toll-free section of the PLUS Expressway) is connected to the new Esso kiosk and PLUS rest area for southbound motorists.
A simple survey of the area reveals the immense potential of the property, which has a direct correlation to the high value of commercial land in Penang Island.
It is strategically located to serve the entire Northern Corridor -- from Perlis all the way to Taiping.
Currently, there are no suitable 3S sites in the Northern Corridor for stand-alone auto dealers.
Existing dealers mostly operate out of rented “semi-detached” units at Juru Auto City.
This property presents itself as perfect choice for auto dealerships that wish to increase their market share in the very competitive auto market.
In fact, auto companies such as Perodua and Proton have already displayed keen interest in the property.
The land is also suitable for food and beverage (F&B) outlets as its location is a perfect meeting point, with the specially created ingress and egress roads.
Fast-food chains such as McDonald’s and KFC have also shown interest in this property as 24-hour drive-thrus here would be a welcoming sight for long distance commuters.
With the removal of the Jelapang and Ipoh toll plazas, F&B outlets located here will be a great place for motorists to refresh themselves before driving directly through the Juru Toll Plaza (3.5km away) to the Jalan Duta toll plaza.
Via the Juru Interchange, the property enjoys easy accessibility to all major industrial parks in the area (a three-minute drive will bring you to factories in the Bukit Minyak, Bukit Tengah and Prai Industrial parks).
The second Penang Bridge (under construction) can be accessed in five minutes and you can drive to the Penang International Airport in just 25 minutes.
A 30-minute drive from the property takes you to the Kulim High Tech Park, Sungai Petani and all major commercial, residential and industrial areas in Penang/Seberang Perai, a radius that covers a population of 1.2 million.
Price:
RM50 per sq ft
Contact Person : Peter
Email :
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Fax: 03-5634 6031
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