4802015 Freehold Tenanted Guesthouse and Massage in Patong, Phuket

Freehold Tenanted Guesthouse and Massage in Patong, Phuket
Listing No. 066-48-02-015

Listing: Commercial Building
Location: Patong, Kathu, Phuket, Thailand
Features: This double shop-house is located on Phangmuang Sai Kor Road which is the 3rd road from Beach Road in Patong, Phuket. It’s 500 meters from Jungceylon shopping mall and 10 minutes’ walk from Bangla Road.

The building has 5 levels. It’s currently tenanted with monthly rental around THB 80,000 to THB 100,000 a month. The current tenant operates the ground level as a massage shop and the above rooms as rooms for rent. The 16 rooms upstairs are air-conditioned and have en-suite bathrooms and balconies. This building is offered for freehold sale and the price for this location is very good.

Considered perfect for an investor as it is fully tenanted (premises, furnishings and equipment) on a 3-year renewable lease, the property requires virtually no effort on behalf of the owner with income guaranteed. It is located on a main road near Patong Beach. This is a great location to invest in as land prices keep rising in this area.

Inspection can be arranged by appointment with Asia Business Brokers after completing a Non-Disclosure Agreement (NDA).
Tenure: For Sale (Freehold)
Asking Price: THB 25,000,000
More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist