Strategic Investment in Active Hotel in the Heart of Bandung City

Specification

Description

STRATEGIC INVESTMENT IN AN OPERATIONAL HOTEL AT THE HEART OF BANDUNG CITY Excellent Seven Hotel by My Hospitality A rare opportunity to own a running hotel with significant development potential in the premium Cihampelas area, Bandung. This hotel offers the perfect combination of a strategic location, complete facilities, and building expansion opportunities. Asset Specifications Land Area: 560 m² (Including terrace) Building Area: ± 2,000 m² Legality: Complete Hotel Permit (Commercial Zoning) Building Structure: Basement + 3 Floors (Permit can be upgraded to 4 floors) Strategic Advantages (Prime Location) Located in the central economic and tourism hub of Bandung City, ensuring stable occupancy rates. Super Quick Access: Only 5 minutes from Pasteur Toll Gate. Shopping Centers: Surrounded by major malls (Paris Van Java/PVJ, Ciwalk, Istana Plaza, BTC, and Paskal 23). Connectivity: Very close to culinary centers, offices, and main transportation access. Operational Condition & Facilities The hotel currently operates with neat management and a high rating (8.5/10 Excellent). Room Types: Deluxe Standard, Deluxe Plus, and Executive Room (equipped with bathtub). Supporting Facilities: Coffee Shop (1st Floor), Barbershop (2nd Floor), 24-Hour Reception, and Basement Parking Area. Ready-to-Use Human Resources: Management team, Front Office, Security, and Technicians are already in place (Ready to Take Over). Development Potential (Value Added) For investors, this property offers significant room for growth: Room Expansion: Land and permits allow for the addition of 20 to 36 new rooms. Third Floor Optimization: The former lounge area on the 3rd floor can be converted into additional rooms or a Function Hall to generate new revenue. Floor Enhancement: Building permits can be developed up to 4 floors. Price Information & Investment Value This property is offered well below market value, making it a very safe investment choice (low risk). Selling Price: IDR 23 Billion (Negotiable) Estimated Market Value: IDR 34 Billion Advantage: The selling price is only about 70% of Bank Appraisal/Market Value. You gain instant equity upon purchase. Secure this productive asset in Bandung's best location immediately!