17 Bedroom Whole Building for sale in Patong, Phuket
Phuket, Kathu, Patong
Sale: ฿ 48,000,000
Full description
Listing ID: U6505705
17 Bedroom Commercial for sale in Patong, Phuket
Prime Commercial Income Property for Sale in Patong, Phuket! An exceptional investment opportunity to own a 5-story commercial building located on Phra Barami Road, the main artery and prime entrance gateway to Patong. This property offers a guaranteed, immediate passive income stream from day one with 100% full occupancy. [Property Highlights & Income Structure] - Total Floors: 5 Stories - Ground Floor: Long-term anchor tenant operating a highly successful Massage Shop, generating a stable 140,000 THB/month. - Floors 2–5: 16 Fully occupied residential rental rooms (4 rooms per floor), renting at 8,000 THB/room/month, generating 128,000 THB/month. - Total Monthly Income: 268,000 THB - Total Annual Income: 3,216,000 THB - Offering an impressive Net Rental Yield of ~7.1% at the target price! [Location Advantage] - High visibility on Phra Barami Road with massive daily traffic. - Perfectly suited for investors seeking consistent cash flow or businesses looking for prime exposure in Thailand's top tourist destination. (Open to serious negotiations) - Transfer Fees & Taxes: To be split 50/50 between buyer and seller (or negotiable upon agreement)
Telephone number:
Key features
-
Beds: 17
-
Baths: 17
-
Usable area: 144 m2
-
Floor: 5
