Fully Furnished, Boarding House, Freehold Title, Installment Payment Available.

Specification

Description

3 or 4-story boarding house. Gang Delima 5 no. 5A. Size 4.75 x 11. SHM (Certificate of Ownership). Road fits 1 car. PBG (Building Permit), NIB (Business Identification Number) secure. PAM water, central PLN 2200 watt. Upper & lower tank 600. Shared kitchen on each floor. Token per room. Oulu/equivalent toilet. Onda/equivalent sanitary. ME - Panasonic/equivalent. 50x50 tiles + skirting. Steel door. Stair & balcony railing - galvanized hollow. Bathroom, terrace, balcony tiles 40x40. PAM suction pump & Shimizu booster pump >=100 watt. . So, 3-story boarding house - 9BR + 9Bath. Empty - 2 billion. Full furnished 2.1 billion. . So, 4-story boarding house - 12BR + 12Bath. Empty - 2.2 billion. Full furnished 2.3 billion. . Payment system: 1. PPJB-AJB: Pay land first worth 1 billion. 2. Installment payment for construction. . Full furnished: - Wardrobe - Hanging table - Single bed - Wall-mounted LCD TV - AC pipes & water drainage - 1/2 HP AC/equivalent installed - 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 if there's a deal for the 4th floor). . Business calculation: Room price range 1.8 to 1.9 million excluding electricity. 12 rooms at 1.9 million: 22.8 million per month. Total per year 273,600,000. . ROI is 9 years to recoup the purchase cost. And the boarding house is still operational.