Commercial Investment Prime Property offered! Manado City North
Sulawesi Indonesia 52651m2 included an additional 17000m2 of
reclaimed land, which will reduce the already below market value
price offer per m2 substantially
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!
Two individual land titles joint to each 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 authority's approval to build Shopping
Mall, Apartments and Hotel.
Reclaimed joint land 17,000 M2 Plus requires paperwork only.
No more original City properties of this size 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 facilitys 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 planned 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 supporting Supreme Court decision and got released
to investor group. Maybe the only land which has this added
security and is guaranteed to be clear of any problems. Could
be very attractive opportunity for an overseas buyer, knowing
the paperwork on this property is 100% in order.
Notary & or Lawyer 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
in 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
investor groups owned property got dragged into the system
for more then two years and prevented the Investor group to
market the property earlier! The time delay result's in a higher
market value,; all other prime land close to the city area
are owned by operating Developers. ; major development projects
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 each 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 photos below or Click
Here: doc/index.html
WHAT MANADO'S CITY BAY GOT 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 a Developer ore Investor Group
Manado has a relatively small population and is
surrounded by unspoiled unpolluted Nature resorts and natural
hot springs could be the perfect place to develop a needed specialized
MEGA MEDICAL CENTRE for the whole 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, hospital occupants 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-pats working in Indonesia and local people from
enquiring medical attention overseas. Such facility differently
is a positive economical input for Manado and its 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 market 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 Manado City
area ranges from 2,500,000 Rp. to a minimum of 1,500,000 Rp.
per M2. At current exchange rate about 265US$ to 159US$ perM2.The
investor group target is too 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 market. Only the
situation that the investor group ended up with the property
as collateral to there investment capital, makes this prime land
hit the open Market. Do not hesitate to contact me if you require
any other details!
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 My Email
For reasons of promoting this prime land Internationally
the sell price is in US Dollars and subject to variation and
has been based on the 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.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 MANADOS 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 needed upgrade to accommodating
13 to 14 Aircrafts at one time, additional plans for PLN to increase
the Power supply by 15MW. All this improvements should be finished
before the WOS Summit is hosted in Manado City!
I am convinced the planned 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 realise the
improvements in progress will make Manado the City it should
represent! Manado should be kept a special place for future
generations 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 at the same time protecting its natural beauty
form the ocean point of view and the on joining land of Manado!
Album
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!
Go to Ex Project Documentation
Contact me for more info Property Location
(Investor of Group)
Jl.Wolter Monginsidi Malayang 1
Manado, Sulawesi Utara 95262
Indonesia
Mario Oestert
Tel. +628152331853
Strangely enough I created this Web page for the purpose to
find a Potential 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 not a problem
too assist others!
Manado Bay & View
toward Manadotua 
