This size Property will be a one off Opportunity
in Manado City!
Check with Google Earth and you will see this is the only unique
Property of this size left in the Manado City Bay!
Special Land offer 52,651m2 additionally 17,000m2
of reclaimed land, sea side top Indonesia Investment, Indonesia
commercial prime property in Manado City North Sulawesi Indonesia,
close to Bunaken Island the first class Diving Resort with clear
view of Manado Tua. Also natural hot springs and beautiful untouched
nature surrounding the area! Selling below minimum Market value! 8,250,000
US$
Extra Opportunities and
Bonus
This unique property is in a strategic location
to have a clear view to the Ocean and Manado Tua Island. The
night view from this property is beautiful overlooking the continuously
improving Manado City Bay! Turning toward the land site gives
a view of the still intact nature and Hills surrounding Manado
City! A new owner would have the Bonus of including 17,000M2
of already reclaimed land, which joints to the original City
property of 52,652M2. The cost to join this 17,000M2 reclaimed
land would only require a very low administration fee, to receive
the title documents! This option would increase the total property
size to 70,000M2 plus. In addition this option would decrease
the overall average price per M2 dramatically considering the
low administration cost it requires to add the 17,000M2 reclaimed
land to the titles!
This uniquely located property does not need
to be specially promoted only needs an interested buyer with
a unique landmark Development plan to improve Manado's prosperity
and looks!
Details
Two individual land titles joint to ea other one title 16,091
M2 second one 36,560 M2 total 52,651 M2.
Original Manado Square, Master Plan of Shopping Mall, Apartments,
Hotel and Marina are on the attachment photo to evaluate the
potential of the property.
Land already had local authoritys approval to build Shopping
Mall, Apartments and Hotel.
Reclaimed joint land 17,000 M2 Plus requires paperwork only.
No more original City properties available close to Manado
City.
Property location classed as commercial Manado City seas site.
The property location is opposite off upper class housing developing
complex.
Many local facilities close by local Hospital, transportation,
miner Port facility and International Airport.The original project
development plan would have required 100 million US$. The paperwork
on the property is 100% in order!
Investor group ended up with prime commercial
land after original company developer run in to finance problems
and could not continue his 100million US$ project to build
the planed Shopping Mall, Convention centre, Hotel, Apartments,
Seafront Promenade and Marina Yacht Club. The investor group
received the land as collateral to there invested capital,
the land legally owned by the investor group and this ownership
is supported by a Supreme Court decision. The investor group
is now in the process to find a potential buyer for this prime
commercial land to recover there original investment input.
Positive factor for potential buyer and
developers
100% all paperwork in order, ready to be sold tomorrow.
Land has resend supporting Supreme Court decision and got
relies to investor group. Maybe the only land which has this
added security and is guaranteed to be clear of any problem.
Could be very attractive opportunity for an overseas buyer,
knowing the paperwork on the property is 100% in order.
Notary will handle any transaction and all paperwork required
for a sell of this land on the investor groups behalf.
The only big original waterfront property left for sell
at Manado City. Any land for any project developments would
require reclamation from the sea also would be away from Manado
City location.
Prime commercial land already had the approval to build
Shopping Mall, Apartments and Hotel.
Investor group only concerned to get there original investment
input returned on a resulting sell, no profit expected.
The unnecessary resulting that the investor groups owned
property was dragged into the system for more then two years
prevented the Investor group to market the property earlier!
The time delay results in a potential higher market value,
firstly; all other prime land close to the city area are owned
by operating Developers. Secondly; major development project
in Manado City beside this particular land are in completion
stage automatically ended up increasing the land value in the
area dramatically, and will do so in the future.
Details
Two individual land titles joint to ea other
one title 16,091 M2 second one 36,560 M2 total 52,651 M2.
Original Manado Square, Master Plan of Shopping Mall, Apartments,
Hotel and Marina are on the attachment photo
WHAT MANADO'S CITY BAY IS MISSING IS
A LAND MARK BUILDING
Parties, groups investors that could be
interested
1) Singapore, Australia, Philippines, US
2) Developers of major projects
3) Hotel developer groups
4) Investors (Groups) into prime land properties
5) Investment
Incentive proposal for Developer ore
Investor Group
Manado having a small population
and is surrounding by unspoiled unpolluted Nature resorts and
natural hot springs could be the perfect place to develop a needed
specialized MEGA MEDICAL CENTRE for the hole of Indonesia and
the on joining islands and countries. Having a quiet and beautiful
place for the operating professional local and international
Staff to live. In addition, some hospital petitions could enjoy
and rehabilitate in the surrounding Nature resorts. I am convinced
a MEGA MEDICAL CENTRE in this strategic location equipped with
special equipment, facilities and professional staff, this would
most definitely stop many ex-partisans working in Indonesia and
local people from enquiring medical attention overseas. Such
facility differently is a positive economical input for Manado
and future. In addition, looking at the fact that Indonesia has
230million people and incising such facility is required for
the hole of Indonesia and being advantageous economically and
financially.
Price Expectance
The marked value for this particular
prime land in this strategic location could achieve above 1,800,000
Rp. per M2! The market value on BASIC commercial land in the
Manado City area ranges from 2,500,000 Rp. to a minimum of 1,500,000
Rp. per M2. At current curs rate about 265US$ to 159US$ perM2.The
investor group target is to just recover there initial investment
not aiming for profit, it will be sold to the first serious offer,
which comes close to the investors calculated recovery amount.
Selling price is below Market Value!
This land is the first time offered and will
not last long, because under normal circumstances this strategic
prime land would never be offered on the open marked. Only the
situation that investor group ended up with the property as collateral
to there investment capital, makes this prime land hit the open
Marked. Do not hesitate to contact me if you require any more
detail!
Manado
Bay & View toward Manadotua
Contact me for more info Property Location
(Investor of Group)
Jl.Wolter Monginsidi Malayang 1
Manado, Sulawesi Utara 95262
Indonesia
Mario Oestert
Tel. +628152331853
For reasons of promoting this prime land
Internationally the sell price is in US Dollars and subject to
fluctuate and has been based on an exchange rate of 9250 Rp.
Indonesian to the US Dollar. The sell price is the Net sell price
expected and is already below the minimum Market price for commercial
land in Manado City.The Net sell price calculation has already
a 1% commission fee include which is available to the party producing
a potential buyer ending up purchasing the property.In addition
by Indonesian rule the seller and buyer will be charged a 5%
Tax each, the 5% of are obligation as seller we have already
in calculated in are Net sell price. Therefore we would expect
from any Potential buyer to cover the 5% Tax charge on top of
the Net sell price.
All financial dealings and transaction
will be handled by the Notary!
Manado
City Bay
WHAT MANADO'S CITY BAY IS MISSING IS A LAND
MARK BUILDING
Due to the confirmed hosting of the World Ocean
Summit in 2009 Manado will consequently open up for investment
opportunity's and substantial improvement plans supported by the
government! Manado's Airport will receive the long need upgrade
to accommodating 13 to 14 Aircrafts at one time, additional plans
for PLN to increase the Power supply be 15MW. All this improvements
to be finished before the WOS Summit is hosted in Manado City!
I am convinced the planed
WOS Summit 2009 will put Manado finally on the map internationally!
The International Visitors attending the WOS Summit meeting
without doubt will see the natural beauty surrounding Manado,
also will realize the improvements in progress will make
Manado the City it should represent! Manado should be kept
a special place for future generation also should get recognition
in fully for it surroundings and geographical location! There
are still a lot of improvement and investment opportunities
in this region! But without doubt it will take international
support to receive the improvement it needs and in the same
time protecting its natural beauty form the ocean point of
view and the on joining land of Manado!
Strangely enough I created this Web page
for the purpose to find a Potentially buyer for the unique Manado
Square City Property, but people end up approaching me to promote
additional property's on my Web page I am not a professional
and only made this Site specifically for the Manado Square property,
But no problem for me too Help others!