Comfortable and Strategic Boarding House in Ciateul Bandung

Specification

Description

For sale: boarding house in Ciateul with specifications: - Land area 273 m² - Building area 500 m² (2.5 floors) - New boarding building with 15 rooms on the 2nd floor - There are 4 rooms on the 1st floor that can also be used as boarding rooms, and partitions can be made in the living room to add 3 more rooms (total can become 22 rooms) - 1 garage, 1 carport - Former shop space - PDAM water supply - 2200 electricity - East facing - SHM (Certificate of Ownership), IMB (Building Permit) available - Price 2.9B negotiable Potential to be converted into 22 rooms. If window AC 1/2 pk is added, it can be rented at a price of 1 million per room per month. Total monthly income 22 million, per year 264 million. ROI reaches 8.5% or 10% if heavily negotiated and rental price increases. Strategic location only +/- 50 meters from Ciateul main road and accessible by car. Close to: - Langlangbuana University - Pasundan University Lengkong - Business area of Jl. Asia Afrika & Karapitan RHS