Menara Peninsula Jakarta_Property for Sale
Menara Peninsula Jakarta_Property for Sale
Jalan Letjen S. Parman 78, Jakarta, Special Capital Region of Jakarta, 11410, ID

Menara Peninsula Jakarta

Asset description

Menara Peninsula Hotel is strategically located on the edge

of the main business district in West Jakarta after the exit

to the Slipi Highway. This puts the Property in proximity

to most multinational companies and government offices

in Jakarta. As the corner site at the intersection of 2 major

roads, the Property has a prominent frontage and affords its

owner a strong presence in the area.

...

Attributes

Number of units
380 units
Building area gross
43,140 sm
Year built
1998
Land area net
7,430.00 sm

Media

Investment highlights

SIZEABLE LAND PLOT PRIME FOR REDEVELOPMENT

Situated at the intersection of 2 major arterial

roads, the 7,430 sqm site is suitable for

redevelopment into a myriad of use cases.

As the area continues its revitalization, the

potential to convert the existing gross floor area

into residential, office, or other compatible uses

becomes a promising opportunity for generating

a more appealing return on investment.


VALUE ENHANCEMENT OPPORTUNITY

The Property has not undergone a major

renovation since opening in 1998, allowing an

incoming owner to undertake a refurbishment

of the guestrooms and common areas to

modernize the Property’s offerings and

increase its Average Daily Rate (ADR).

Additional floors could also be added, subject

to technical feasibility and approval from

various authorities.

Contact brokers

Menara Peninsula Jakarta (0 Properties)

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Last updated
Mar 28, 2024