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

Specification

Description

Great Investment! Active Cheap Rental House with 23 Rooms in City Center 23-room rental house (each with individual deposit) Land Area 185 sqm Building Area 350 sqm, built in 2016 80-meter well water supply Located in one of Bandung's city centers, accessible via 40-meter alleyway 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 Various room sizes ranging from 3x3 - 4x6 sqm Specifics: 15 rooms at 550/month 3 rooms at 650/month 2 rooms at 600/month 1 room at 900/month 1 room at 800/month 1 room at 500/month Perfect for business-minded investors or those planning retirement, offering decent 15% returns. Monthly rates can still be upgraded as they haven't been raised for long, and most tenants have stayed long-term. With facility upgrades like adding mattresses and wardrobes, prices can be increased further. The 550/month expense already includes caretaker and electricity costs, while waste management fees are collected separately from each rental room. A safe investment with minimal risk that can be passed down to future generations. Selling price only 1.25 Billion First come, first served *August