For Sale: Strategic Boarding House in Medan City Center (SHM)

Specification

Property investment opportunity with ongoing cash flow in a prime location. This boarding house is situated in the city center, close to various universities, hospitals, business centers, and office areas, ensuring stable rental demand throughout the year from students, internship doctors, and employees. Property Specifications: - 11 active rental rooms - 1 caretaker room - Occupancy rate ± 90% - Built in 2023 - Room rental price: IDR 1,700,000 - IDR 1,800,000 per month - Gross potential income: approximately IDR 18,000,000 per month - Shared kitchen fully equipped with: - Stove - Oven - Refrigerator - Sink - Dining table - Water dispenser/drinking water - Rooftop area for drying clothes - Carport and parking area for cars and motorcycles - Located on a main road with wide access, allowing two cars to pass each other - Well-maintained building, ready for operation Suitable for: - Investors seeking a property with immediate passive income - Parents looking for a productive asset in an educational and healthcare area - Property entrepreneurs wanting to develop an exclusive boarding house business in Medan Property Advantages: Premium location in the heart of Medan City with quick access to universities, hospitals, business centers, and various public facilities, ensuring high rental demand throughout the year. A modern boarding house newly built in 2023, with an occupancy rate of around 90% and generating regular income of approximately IDR 18 million per month, making it ideal as a ready-to-harvest investment.