Active Boarding House in Bandung City

Specification

Description

Price IDR 700,000,000 Details Number of Floors: 2 Land Area: 120 m² Building Area: 100 m² Bedrooms: 15 Bathrooms: 4 Water Source: Municipal Water (PAM) Electricity: 2200 Watt Certificate: Freehold Title (SHM) Building Permit (IMB): Available Orientation: West Front Width: 5 meters Year Built: 2010 Description: Investment in a 12-room boarding house in a densely populated area, Laswi - Gatsu, with a 9-year return on investment. Features 12 rooms with consistently full occupancy. The structure remains sturdy, only requiring a refresh with repainting on some wall sections. Electricity still uses a central system (economical and efficient), water source from municipal supply. Note: ROI (Return on Investment) Calculation: Monthly income: 12 rooms x IDR 550,000 = IDR 6,600,000 Annual income: IDR 6,600,000 x 12 = IDR 79,200,000 Assuming property purchase price: IDR 700,000,000 Annual ROI: (IDR 79,200,000 ÷ IDR 700,000,000) x 100 = 11.3% per year (Potential) Notable Shortcomings: • Accessible only by motorcycle (located in an alley) • Requires refreshing paint on external and internal wall sections 5 Selling Points of Laswi & Gatsu Road Area, Bandung: 1. 5 minutes to TRANS STUDIO MALL 2. 5 minutes to Lodaya Field 3. 10 minutes to Kircon Train Station 4. 10 minutes to Bandung City Square (Alun-alun Bandung) 5. 15 minutes to Cicaheum Terminal Accessible only by motorcycle (alley entry) PAYMENT METHOD: CASH LOCATION ACCESS: MOTORCYCLE VIEWING: BY APPOINTMENT ONE DAY IN ADVANCE Location Jl. Cikudapateuh Kolot No. 21/120 RT.01/08, Cibangkong, Batununggal