The lot is very suitable for a boarding house in Kelapa Dua, Tangerang.

Specification

Description

**LAND FOR SALE at 11 million/m for Building a Boarding House with 14-16% Annual ROI Potential on Jalan Cibogo Wetan** _(5-7 minute walk (400-500m) to SMS Mall, 8-minute motorbike ride to UMN Campus)._ **REASON FOR SELLING:** Moving to Bali soon, boarding house construction plans canceled. Ready-to-use architect drawings and cost estimates available. Total of 106 rooms with 106 en-suite bathrooms + 2 staff rooms (shared bathroom). **POTENTIAL NET INCOME:** 218.5 million/month or 2.622 billion/year. **Kelapa Dua, Tangerang** ### **PROPERTY SPECIFICATIONS** - **SHM Certificate** - **Boarding House PBG Permit** - **Land Area:** 491m² (13 x 37m) - **Planned Construction:** 13 x 28 x 5 floors = **1,820m²** - **Room Plan:** 106 rooms with en-suite bathrooms + 2 staff rooms (shared bathroom) - **Facing South** - **Two-car-width spacious road access** ### **HIGHLY STRATEGIC LOCATION – 5-15 MINUTE RADIUS MARKET POTENTIAL:** 🏍 **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 Padang Golf ### **POTENTIAL ROOM RENTAL PRICES:** - **100 rooms x 2.25 million = 238.5 million/month** (After 20 million operational costs = **218.5 million/month net**) - Nearby boarding houses (200m radius) charge **2-3 million/room** (220 rooms total), with **90-100% occupancy** ### **PLANNED FACILITIES:** 1. **Granite flooring (60x60cm)** 2. **Bathrooms** with water heater, TOTO seated toilet, sink, mirror, shower 3. **Common area with 500Mbps WiFi (Mikrotik Hotel System & individual room routers)** – crucial for work, streaming, gaming, YouTubers 4. **32-inch Android Smart TV** (YouTube & Netflix via **dedicated internet cable per room**) 5. **Fully furnished rooms:** NEW furniture [160cm spring bed, waterproof mattress, pillows, NEW AC unit, window, curtains, wooden panel with large mirror, comfortable chair, study desk, shoe rack, laundry basket] 6. **Individual electricity tokens:** 1,300W per room + 1,300W for staff room + 5,500W for common areas 7. **Automatic RO water dispensers on each floor** (no need to buy gallons) 8. **Fully equipped kitchen:** fridge, microwave, gas stove, rice cooker, blender, cooking utensils 9. **32 Hikvision CCTV cameras** (full coverage for security) 10. **Laundry machines:** 4 washers (14-15kg capacity) 11. **Motorcycle parking inside the gate with card-tap access** ### **POTENTIAL NET INCOME:** **218.5 million/month** (with potential second tenant at 500k/month) or **2.622 billion/year** ### **QUICK SALE AT 11 MILLION/M² OR 5.4 BILLION TOTAL (NEGOTIABLE)** Construction budget ~11 billion (Civil works: 1,820m² x 5 million = ~9 billion, Room furnishings: 106 x 20 million = ~2 billion). **High ROI: 14-16% per year** **Premium location in Gading Serpong, Tangerang**