FOR SALE RARE LAND. SUPER PRIME LOCATION FOR HYBRID BOARDING HOUSE IN THE HEART OF GADING SERPONG Kelapa Dua Tangerang

Specification

Description

**RARE LAND FOR SALE.** **SUPER PRIME LOCATION FOR HYBRID KOST (BOARDING HOUSE) IN THE HEART OF GADING SERPONG, Kelapa Dua, Tangerang** **Description:** (Only 400 meters from SMS MALL (Students & Workers)* *Land Price: Rp. 11 million/m²* **IDEAL FOR BUILDING A KOST WITH POTENTIAL ROI OF 14-16% PER YEAR on Jalan CIBOGO WETAN*** (5-7-minute walk (400-500m) to SMS Mall, 8-minute motorbike ride to UMN Campus). **Architectural plans and cost estimates available.** Total: **106 bedrooms with 106 ensuite bathrooms + 2 staff bedrooms (shared bathrooms)*** *POTENTIAL NET INCOME: Rp 218.5 million/month or Rp 2.622 billion/year* **PROPERTY SPECS:** - **SHM (Freehold Title)** - **PBG (Building Permit) for Kost** - **Land Area: 491m² (13 x 37)** - **Building Plan: 13 x 28 x 5 floors = 1,820m²** - **Room Plan: 106 bedrooms with ensuite bathrooms + 2 staff rooms with shared bathrooms** - **Facing South** - **Two-car wide road access** ***HIGHLY STRATEGIC LOCATION – MARKET POTENTIAL WITHIN A 5-15 MIN RADIUS:*** - **8-minute motorbike ride to UMN Campus** - **Malls:** SMS Mall (9-minute walk), Cartenz Mall - **Offices:** M-Town Office Tower, South78, Maggiore Business Loft, and hundreds of other office buildings. - **Hospitals:** St. Carolus Hospital, Mitra Keluarga Hospital, Bethsaida Hospital, Omni Hospital - **Universities:** UMN, Matana University, Pradita University - **Hotels:** Atria Hotel, Episode, JHL, Ibis, Vivere - **Entertainment:** Black Owl, Helen’s (Holywings), 80Proof Ultra, Gading Raya Golf Course ***POTENTIAL ROOM RENTAL PRICE:*** - **100 rooms x Rp 2.25 million = Rp 238.5 million – Opex Rp 20 million = Rp 218.5 million/month** - **Other kost options within 200m radius priced at Rp 2-3 million, totaling 220 rooms, with 90%-100% occupancy rate.** ***POTENTIAL NET INCOME:*** **Rp 218.5 million/month (with potential additional income of Rp 500k/room/month) or Rp 2.622 billion/year** ***FOR QUICK SALE AT RP 11 MILLION/M² OR TOTAL RP 5.4 BILLION (NEGOTIABLE)*** **Construction budget estimate: ~Rp 11 billion** (Civil works: 1,820m² x Rp 5 million = ~Rp 9 billion, Room furnishings: 106 rooms x Rp 20 million = ~Rp 2 billion) ***HIGH ROI: 14%-16% per YEAR*** **SUPER PREMIUM AREA IN GADING SERPONG, TANGERANG** ***POTENTIAL PROFIT OF RP 7-9 BILLION IF DEVELOPED INTO 2-3 BUILDINGS FOR RESALE. SERIOUS INQUIRIES ONLY.*** **Contact:** Lala – LJH Realty Al Sut **081514508xxx**