This Jogja Heritage is Not Just a House - It's a Profit Machine Wrapped in History.

Specification

Description

Imagine... a stately 1887 Dutch colonial heritage house standing proudly in the heart of Jogja city - precisely on Jl. Bintaran Kidul, just steps away from the Zero Kilometer Point and Malioboro. The land spans 2,600 m², with a 300 m² main building, a private SHM certificate (not sultanate land), and 20-meter main road access suitable for large buses. The asking price is Rp 35 billion (negotiable) - and with an additional investment of approximately Rp 10 billion for a 20-room modern boutique hotel, plus around Rp 3 billion for renovating a heritage café & restaurant, you'll acquire a legendary commercial complex without losing its historical soul. The original structure remains intact as a European-Javanese style heritage café & restaurant, serving as an iconic spot for events, photography, and wedding venues. Additional construction at the rear becomes an exclusive boutique hotel featuring green gardens, event areas, and spacious parking. With a total investment of about Rp 48 billion, this property has the potential to yield an ROI of 6-9% annually with a payback period of roughly 7 years, even without factoring in Jogja's average annual land price appreciation exceeding 10%. This historical legacy isn't just a beautiful place - but a living asset generating perpetual profits in central Jogja.