For Sale: Sahid Montana Dua Hotel Malang East Java

Specification

Description

Hotel Sahid Montana Dua MALANG HOTEL Candi Panggung Street Mojolangu, Lowokwaru Malang City, East Java 65142 * Land Area: 9,447 m² * Building Area: Approximately 9,000 m² * Front Width: 110 meters * Ownership Status: SHM (Certificate of Ownership) * Complete and valid permits Facilities: - 70 Rooms and Suites - 4 Meeting Rooms - 1 Hall Capacity 500-1000 people - Superior: 32 - Business: 6 - Deluxe Garden: 22 - Deluxe Pool: 6 - Suite: 4 - Outdoor Swimming Pool - Restaurant and Cafe - Parking Area, approximately 2000 cars STRATEGIC LOCATION - Located in a commercial business area, surrounded by restaurants and cafes - Close to the best universities in Malang: Brawijaya University, Muhammadiyah University, Widyagama University, State University of Malang, UIN, STIE Malang, ITN, Asia University, STT, Malang State Polytechnic, Malang Institute of Agriculture HIGHLY POTENTIAL FOR BUSINESS DEVELOPMENT APARTMENT Malang City has a good reputation in Indonesia as an Education and Higher Education City, hosting 300,000 students from all over Indonesia, with an estimated annual growth of 10%. Thus, the demand for student accommodation and supporting facilities is increasingly high and much needed. Currently, there are only two apartments operating in the area: Apartemen Menara Soekarno Hatta and Apartemen Begawan. Their total capacity is approximately 1,700 units, meeting only 0.5% to 1% of the housing needs of the target market. HOTEL & FUNCTION HALL Malang City, with all its facilities, is well-suited for MICE (Meetings, Incentives, Conferences, and Exhibitions), supported by its proximity to Batu City (a tourist destination) and Surabaya (the second-largest city in East Java), as well as other surrounding cities. HOSPITAL Located in an area surrounded by residential clusters, which is a densely populated region, making it highly suitable for a hospital. Moreover, Malang City has very limited internationally standardized hospitals. OFFICE BUILDING This hotel is currently a hub for business, cafes, culinary spots, and banks. Most properties in the area are shophouses with very high rental prices due to limited land availability. WHY IT IS SUITABLE FOR INVESTMENT - Highly strategic location, bustling from morning to night - Very difficult to find land of this size in the hotel area - Located on a main road with land prices of 25-30 million IDR per m² We are offering the land price only, with a BONUS of the building and hotel furnishings. Potential for price appreciation is supported by the increasing number of students, the growing number of businesses opening in the area, limited land availability, and road widening. Price: 175 Billion IDR (negotiable) Contact: Maria 123 Property wa.me/082336611xxx SELL | BUY | RENT | MORTGAGE PROPERTY