◊ Land ◊ Kuta, Central Lombok Location
District/Area: Kuta
Region/Country: Central Lombok
Prop.Type: Land complete/incomplete buildings
Prop.View: Hills, greens, beaches
Land Area: 37.35are / 3,375m2
Features
Logistics
Certificate
IMB Building license
Road access
Power
Water
Feature
Heart of Kuta Lombok
Very close to amenities
Has 2 cottages and incomplete building
Authorized approval to build villas/apartments with amenities
Surrounded by boutique hotels and shops
The ongoing Madalika Projct gives an added market advantage
Ideal investment as a direct purchase, or as a joint venture project
Property Remarks This property is in the heart of Kuta. Only a 5-minute walk from restaurants, shopping, nightlife and craft shops. This property already has 2 small cottages located at the front as well as a building that is uncompleted but could be developed into a larger villa, restaurant, spa or business center. Next to this building is an uncompleted self contained apartment with 1 bedroom, lounge, patio, kitchen and ensuites. The property already has building approval and licenses for a Spa, Restaurant, Gym, Apartment and 17 villas. Buildings can be built to a maximum height of 3 floors. The front of this property backs on to a road that goes from the markets and links directly to the promenade in Kuta. This road runs directly in front of this property. Entrance to the property is from this road. Next door to this property is slated for developments of a hotel, conference center, shopping and boutique shops. Surrounding this property are many boutique hotels and boutique shops. In front of this property an up-market beach club is currently under construction and due for completion in 2021. Future development of the Mandalika project includes a harbor directly in front of this property and further hotel/tourism development. The PTPMA company that owns this asset is also included in the sale. The owner of this property is looking to sell the property outright but is also interested in doing a Joint Venture with a client/company as a hotel/accommodation development or subdivision.
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