Malaysia - Apartment property for sale in Pahang - Investment property 7% leaseback

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Apartment property. For sale Malaysia. 184 serviced apartments sold on a lease back basis. The developer will lease back the unit from the purchaser. The developer will pay the unit holder a return of 7% per annum on a net lease basis. The term of the lease will be for a period of three years with an option to renew for a further two terms. The lease will begin upon commencement.

The developer also intends to include the option to re-purchase the units after the 5th year of the date of the Sale and Purchase agreement. The price of the unit will be based on an annual capital appreciation of 3% per annum from the date of commencement or certificate of Practical Completion.

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Development

Avilla Rhu Development, Cherating Beach, Pahang , Malaysia

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