Land Under NJOP 60,980 m² and Company Assets with 3 Apartment Towers in Cakung, East Jakarta

Specification

Description

For Sale: Asset and Land 5.6 HA + 4,000m² Land + 3 Apartment Towers Price below NJOP at 450M 2 apartment towers already sold and have owners 1 apartment tower proposed for takeover Each tower has 12 floors Land ownership legality: SHGB Complete licensing documentation Ownership status is dispute-free Current construction progress approximately 75% Outstanding bank debt negotiable (around 350M) Last PBB paid in 2016 2023 NJOP: 6,963,000/m² Note: The owner has outstanding debt at Arta Graha Bank, and all certificates are held there. The sale includes the land and 3 apartment towers. Highly profitable as monthly income is already generated from apartment UPL payments. Additional potential from 5.6 HA + 4,000m² vacant land and completing the 75% constructed apartments. 2020 NJOP at 484M Selling for 450M 2024 NJOP not yet assessed due to unpaid taxes, but expected to exceed 484M.