Super Prime Rare Land Suitable for Boarding House in Central Gading Serpong Near SMS Mall

Specification

Description

Hard to Find, Rare Land SUPER PRIME LOCATION FOR HYBRID BOARDING HOUSE IN THE CENTER OF GADING SERPONG (Students & Workers) QUICK SALE at 11 million/m² or Total 5.4 billion (Negotiable) For BUILDING A BOARDING HOUSE WITH POTENTIAL ROI OF 14-16% per Year on Jalan CIBOGO WETAN (5-7 minutes walk (400-500m) to SMS Mall, 8 minutes by motorbike to UMN Campus). REASON FOR SELLING: RELOCATING TO BALI IMMEDIATELY, boarding house project canceled. POTENTIAL NET INCOME 218.5 million/month or 2.622 billion/year POTENTIAL ROOM RENTAL PRICE: 100 rooms x 2.25 million = 238.5 million - Operating costs 20 million = 218.5 million/month Other boarding houses within 200m radius charge 2-3 million/month, TOTAL 220 rooms, OCCUPANCY always 90%-100% Architectural drawings and cost estimates (RAB) are ready, totaling 106 rooms with 106 en-suite bathrooms + 2 staff rooms (shared bathroom). Construction budget around 11 billion (Civil works 1,820m² x 5 million = ~9 billion, Room interiors 106x20 million = ~2 billion). Thus, *HIGH ROI OF 14%-16% per YEAR VERY PREMIUM AREA IN GADING SERPONG, TANGSEL --> Full PDF available on Google Drive. POTENTIAL PROFIT OF 7-9 BILLION if developed into 2-3 buildings for resale. PDF calculations available for serious buyers. SPECIFICATIONS: - Freehold Title (SHM) - Boarding House Building Permit (PBG) - Land Area 491 m² (13 x 37) - Planned Construction: 13 x 28 x 5 floors = 1,820 m² built-up area - Planned Rooms: 106 with en-suite bathrooms + 2 staff rooms with shared bathrooms - South-facing - Wide two-car access road *HIGHLY STRATEGIC LOCATION, MARKET POTENTIAL within 5-15 minutes radius: