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!
Extra Opportunities and Bonus!
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 Manados 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 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 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 result’s 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 a 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
Soil Notes
Some pealing already has been placed in
position for the original planed Project refer to Master plan
picture!
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 realise
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!
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!
Commercial Investment Prime Property offered!
Manado City North Sulawesi Indonesia 52651m2 included an additional
17000m2 of reclaimed land, which will reduces the already below
market value price offer per m2 substantially!
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
