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This Property is located in the centre of Kuta Mandalika being approximately 500m from Kuta beach on the main road Jl. Raya. A short 20min drive to Lombok international airport and 5min drive to the new Moto GP Circuit.
The total land area for the complete site is approximately 7,770m2 with 41m of main road frontage and around 110m of secondary road frontage.
Total land area 7,770m2
41m main road frontage
55m side road frontage
55m rear road frontage
500m to Kuta main beach
20 min to International Airport
5 min to Moto GP track
2 min to Heli Pad
EXISTING STRUCTURES
– 6 x 2 bed luxury villas
– 2 X Luxury suites
– 4 level clubhouse building 500m2 including 3 office suites and day spa area
– Underground Bar
– Cafe / Resto/ sports bar
– VIP/karaoke rooms
– 7 Swimming pools
– Generator engineering room including 100kva generator, pumps
– Laundry building
– Workshops
– Store rooms
– Landscaping and roads
– Café and Bar
SALE OR JOINT VENTURE OPTIONS
Sale option 1.
Sale of Apartment complex area (not including construction costs of apartments) not including 5 x Villas. Total Land size 5244m2
Including : Vacant land approx. 4800m2 (48are)
Club house building 4 levels 500m2 plus
Swimming pool
Business centre building
Café sports bar
Main road frontage land approx. 41m
1 luxury villa
IDR. 38,600,000,000
Approx. $2,690,000 USD
Sale option 2
Sale of Apartment complex area (not including construction cost of apartments) Total Land size 7770m2
Including : Vacant land approx. 5300m2 (53are)
Club house building 4 levels 500m2 + pool
Café sports bar
Business centre option
Main road frontage land approx. 41m
6 luxury villas
Underground bar
VIP Karaoke rooms
7 Swimming pools
Generator, engineering and storage workshop
Buildings, 100kva generator, laundry
IDR. 52,600,000,000
Approx. $ 3,660,000 USD
Option for Joint venture / Investor
Invest capital to fund construction of 60+ room apartment building.
Required investment of $350,000 USD
Investor retains 6 Apartments or a % of the sales from the rooms to the value of $900,000
38% Roi
The development will be constructed with high tech building materials and techniques.
The use of High frequency welded steel beams and columns and autoclaved lightweight concrete floor and wall panelling will both reduce cost and time. Manufacture off site in prefabricated form, it will significantly reduce construction time and is estimated at around 12 months.
The management and construction company are leaders in their respective field and will insure an efficiently run operation with a very robust, earthquake resistant, high fire rated and sound insulated building requiring minimal maintenance.
There is estimated USD $12,000,000 in sales
With the current room shortage for the Mandalika Moto GP circuit and a forecasted 10 events per year, there will be a strong demand for apartments sales and rentals over the next 10 years.
At a starting price of around USD $100,000 the apartments are sure to have fast pre sales.
The construction company will fund the construction stages with payments from apartments sales at progress stages, this will ensure the building gets completed and provides consumer confidence to buy into the development.
.The design will be based on Biophilia architecture, incorporating the connection of plants and green spaces to create a tranquil residence for guests and residence alike, cleaver use of glass to let natural light in through the building reducing energy costs. Finishes will be in earthy and natural materials which will be enhanced by tropical plants throughout the building.
Owners will have flexible options for their apartments. They can Join a rental pool where their apartment is operated by the management company and to still have use of their unit for short holidays when they choose to. The other option is to use their unit 100% for personal use. The management company will maintain the common areas to ensure a well maintained complex.