For sale: Affordable kosan (boarding house) with apartment feel, fully operational in Cipadung Kidul area, Bandung.

Specification

Description

For Sale: Affordable Apartment-Style Boarding House Fully Operational in Cipadung Kidul, Bandung Cipadung Kidul, Panyileukan District, Bandung City, West Java 40614 Land Area: 225 m² Building Area: 476 m² Certificate: SHM (Freehold Title) Building Permit (IMB): Available Rooms: 25 Room Price: IDR 1,042,000 Property Price: IDR 3,099,950,000 ROI: 10.08% BEP (Years): 9.9 Occupancy: Full Parking: 1 Motorcycle Spot per Tenant Facilities: - Dedicated motorcycle parking (1 spot per tenant) - Separate electricity meters per unit - Shower, sitting toilet, and jet washer in each bathroom - Shared facilities: Refrigerator, dispenser with gallon water, chairs in common area - Furniture: Wardrobe with mirror, hanging shelves, table, window, chair. Notes: The property value appreciates approximately 10% annually. Factoring in this appreciation, the Break-Even Point (BEP) is estimated at around 5 years. Operational costs, maintenance, etc., are covered by a 5% annual increase in boarding fees. The sale includes all business operations, staff, and procedures. Passive investment option available with a separate monthly management fee.