Hotel 102 Rooms Strategic Location in Menteng Business Land Occupancy

Specification

Description

HOTEL 102 ROOMS STRATEGIC LOCATION IN MENTENG HIGH OCCUPANCY BUSINESS LAND Strategically Located in the City Center Easy access to government buildings 1.7 km to Bundaran HI 1.7 km to City Hall 1.9 km to Monas SELLING POINTS High Potential for Hotel and Co-Living Modern Design with Multifunctional Spaces High demand in Menteng, Central Jakarta Target market includes tourists, business people, and Jakarta residents seeking staycations. PROPERTY SPECS Land Area 529m2 Building Area 1900m2 102-Room Hotel Concept Mezzanine Room Type Room Selling Price IDR 500K per night Land Value IDR 50 million per meter or IDR 26.45 Billion TOTAL INVESTMENT IDR 50.45 Billion For land purchase and hotel construction FINANCIAL ANALYSIS Annual Revenue IDR 12.775 Billion with only 70% occupancy Estimated Net Profit IDR 7.5 Billion ROI 14.8% per year - Excluding property appreciation LEGALITY Freehold Title (SHM) Partnership with professional hotel operator For more information contact Century 21 Prioritas RSY #220384