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Stunning Waterfront Apartments Business For Sale

Gili Meno, Nusa Tenggara Barat
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Not applicable

Introducing an amazing offer ! We have seven stunning waterfront apartments for sale under a 100 year lease agreement for usd 78,000 . What we are offering is amazing! If you purchase this business then you then go into the draw to win that apartment. The draw will take place after all apartments are sold or at the latest, June 1st 2020.

With finance available, you only need to deposit 50% (usd 39,000) and make monthly payments of usd 1085.00 for 3 years. You can also use your return on investment to reduce the monthly repayments. We guarantee 8% per annum for three years. Should you win, all monies paid will be returned to you excluding tax and legal costs. Please see more details below;
1. 30 days free stay per annum
2. 8% guaranteed return on investment for 3 years
3. 60/40 return on investment in favour of investor
4. Finance available

The resort is perfectly positioned at one of the best locations on the island. Gili Meno is renowned for being the honeymooners island and our beachfront is the perfect place for romantic dinners or just relaxing and enjoying our special cocktails.

Meno Mojo is a new resort, we purchased the property last year and built the additional 7 apartments. Stage two will include 12 new apartments and a resort style swimming pool. We also own another resort on the island called Kura Kura Beach resort, just 600 metres from Meno Mojo. There are tremendous synergies in running both resorts under the one management team that reduces overall costs but maintains a constant level of high quality services.

This is a fantastic opportunity to bus this business and win a luxurious Apartment. Even if you don't win, you will be securing a sensational investment that will see strong financial growth as the years go by.

Tourism to the region is growing and will continue to as the Indonesian government want Lombok and the Gili's to be one of their 10 new destinations that they have selected to spread tourism to the many other wonderful locations throughout the country.

The growth potential of this resort is staggering and with Air Asia making Lombok their new hub there will be more flights coming to the island along with more routes such as Perth Australia, Singapore, K.L. Yogyakarta, Jakarta and Bali. Later in the year there will be more flights added from Japan and China.

PLEASE NOTE: This is a business for sale. Complete the contact seller form for further information.

Property information

Real Estate:

Real Property Included

Location:

Meno Mojo Beach Resort is located on the east coast of Gili Meno, North Lombok. This is possibly one of the best beach front locations on the island with magnificent sunrise views and snorkeling on the reef at the front of the resort. There are no cars and motor bikes on the island but the resort is located on the main road just 600 metres from the main harbour.

Premises Details:

Stage one of Meno Mojo consists of seven waterfront apartments and 1x 2 bedroom villa. There is also a 60 seat beachfront restaurant, bar and plenty of sun loungers to relax on. Behind the waterfront apartments there is 1400sqm for further development.

Size in square feet:
42sqm
Planning Consent:

Government permits have been obtained to build the resort .

Business Operation

Expansion Potential:

Stage 2 planning is underway, there is 1400 sqm of vacant land behind the apartments. We are drawing up plans to build another 10 units, swimming pool and tropical gardens.

Competition / Market:

Meno Mojo has a very unique position on the island. it's isolated from the main toursist hub but has a lot of passing traffic ( people and horse and carts, no cars or motor bikes allowed on the island ) that stop at our magnificent beach front restaurant. there are no direct competitors within 500m of the resort.

Reasons for selling:

investment apartments

Trading hours:

Seven days a week 7 am until 11pm

Employees:
7
Years established:
July 20th 2018.

Other Information

Support & training:

Not applicable

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

We offer finance as follows; 50% deposit (USD 39,000) 36 equal payments over 3 years. Return on investment dividends can be used to pay the loan. Full details will be disclosed to interested parties.

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Website:
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