3-Storey Shophouse with Tenants in Place, Cheras

An intermediate three-storey shophouse on a busy commercial row in Taman Segar, Cheras, currently producing income from three separate tenancies and offered with the leases in place. The ground floor is let to an established kopitiam operator with four years remaining on a five-plus-five term, the first floor to a physiotherapy clinic, and the second floor to a tuition centre — a tenant mix that spreads the covenant risk across three unrelated trades.

The building spans roughly 4,500 sq ft of gross floor area on a 1,540 sq ft lot, with a rear service lane for deliveries and refuse. It was reroofed in 2019 and the electrical riser was upgraded to three-phase at the same time, which is what allowed the ground-floor kitchen extraction to be installed to the local council's requirement. The upper floors are separately metered, and each tenancy carries its own utility account — a detail that matters more than it sounds when you come to re-let.

Passing rent, the lease expiry profile and the outgoings schedule covering quit rent, assessment, fire insurance and the annual signage licence are available to qualified buyers under a confidentiality undertaking. We will also show you the net yield calculation after outgoings rather than the gross number that usually gets advertised. Change of use for any floor would require fresh approval from Dewan Bandaraya Kuala Lumpur and should not be assumed.