This well established hotel boasts an excellent location on one of the busiest strips in Bali, just a stroll away from Sky Garden and the epicenter of Kuta.
The hotel consists of 45 bedrooms, seven of which are one bedroom private bungalows. Plus there is a private villa within the hotel grounds and 7 shop units on Jalan Legian (one of Bali's busiest shopping streets). There is also space to add more bedrooms on the well landscaped 42 are plot. An attractive joglo houses the hotels restaurant, which enjoys the view of the large swimming pool and tropical gardens. There is private parking off the main road near the reception.
Built in 1990, the hotel has been going strong for 30 years and has has welcomed thousands of tourists to the island. Considering the land value in the area is approximately IDR 4,000,000,000 per are (freehold) and seldom available to purchase, this is an excellent investment opportunity to lease the fully operational hotel for 30 years. Working out at IDR 38,095,238 per are / per year.
This hotel and retail complex is offered at IDR 48,000,000,000 for a 30 year lease. Please enquire for more information or to arrange an inspection.