IDR 1,5 Billion
Lowokwaru, Malang
For Sale Fully Occupied Boarding House in Joyoagung Malang - Immediate Passive Income Ready to Go
Lowokwaru, Malang
Updated on 04 April 2026 by Dahlia indah kinasih
Overview
Information House For sale
Specification
Bedroom
8
Bathroom
8
Carport
1
Certificate
SHM
Electricity
Others
Garage
1
Storey
2
Description
FOR SALE FULLY OCCUPIED BOARDING HOUSE - JOYOAGUNG ROAD, MALANG A ready-to-go investment that generates immediate returns. Perfect for those seeking stable passive income in Malang's university district. Legality: - Certificate of Ownership (SHM) - Building Construction Permit (PBG) Specifications: - Land area: 75 m² - Building area: 120 m² - 2 floors - Bedrooms: 8 - Bathrooms: 8 (ensuite) Facilities per room: - Wardrobe - Study desk and chair - Air conditioner - 1,300 watt token electricity per room Location advantages: - Close to UB, ITN, UIN, Unisma, and UMM universities - Dense student area - Easy access and always in high demand from tenants Income potential: - Rent per room: Rp 1.2 - 1.5 million per month - Total 8 rooms: Rp 9.6 - 12 million per month - Estimated annual income: Rp 115 - 144 million - Gross ROI: approximately 7.5% - 9.6% per year Price: Rp 1.5 Billion Contact immediately for further information and to schedule a site survey.
Property Location
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