3-Storey Boarding House Under Construction, Tanjung Duren, West Jakarta

Specification

Description

3 or 4-story boarding house. Gang Delima 5 no. 5A. Size 4.75 x 11. Freehold title (SHM). One-car wide road. Building permit (PBG), NIB secure. City water (PAM), central PLN 2200 watts. Upper & lower tanks 600 liters each. Shared kitchen on each floor. Token system per room. Oulu or equivalent toilet. Onda or equivalent sanitary fixtures. Electrical fittings - Panasonic or equivalent. 50x50 cm floor tiles + skirting. Steel door. Stair & balcony railing - galvanized hollow. 40x40 cm tiles for bathroom, terrace, balcony. PAM suction pump & Shimizu booster pump >=100 watts. . So, for 3-story boarding house - 9 bedrooms + 9 bathrooms. Empty - 2 billion. Fully furnished 2.1 billion. . For 4-story boarding house - 12 bedrooms + 12 bathrooms. Empty - 2.2 billion. Fully furnished 2.3 billion. . Payment system: 1. PPJB-AJB: Land payment first worth 1 billion 2. Installments for construction payment . Fully furnished includes: - Wardrobe - Hanging desk - Single bed - Wall-mounted LCD TV - AC piping & drainage - Installed 1/2 HP AC unit or equivalent - 10-liter water heater - Refrigerator >= 100 liters, stove, dining table, on each floor - LAN modem access on each floor . Current condition: Building already 3 stories, roof not yet closed (ready to add 4th floor if deal is made). . Business calculation: Room price range 1.8 to 1.9 million excluding electricity. 12 rooms at 1.9 million: 22.8 million per month Annual total 273.6 million . ROI is 9 years to recoup purchase cost. And the boarding house continues operating.