Good Investment! Active Rental House with 23 Cheap Rooms in the City Center

Specification

Description

Great Investment! Active and Affordable 23-Room Rental House in the City Center 23-room rental house (each with a security deposit) Land Area: 185 sqm Building Area: 350 sqm, built in 2016 Water well depth: 80 meters Located in one of Bandung's city centers, accessible via a 40-meter alley from the main road, suitable for 4-wheel vehicles CERTIFICATE OF OWNERSHIP 100 meters to Kiaracondong Market 150 meters to Kiaracondong Station 200 meters to TSM/Gatsu/Ganesha Campus 1 km to Samsat 3 km to Bandung Square and Gazibu Currently 90% occupied Room sizes vary from 3x3 to 4x6 sqm Specifics: 15 rooms: 550k/month 3 rooms: 650k/month 2 rooms: 600k/month 1 room: 900k/month 1 room: 800k/month 1 room: 500k/month Perfect for business-minded individuals looking to invest or for retirement, as it offers a decent return of 15%. Monthly rates can still be upgraded as they haven't been raised in a long time, and most tenants have been staying for a while. Upgrading facilities like mattresses and wardrobes could further increase the rates. The monthly expense of 550k includes caretaker and electricity, while waste management fees are contributed by each renting room. A safe investment with minimal risk, it can be passed down to future generations. Selling price: 1.25 Billion only. First come, first served. Agus Capital Property 087722286xxx