   
Mario Oestert
Posts: 6
Joined: 5/8/2006
From: Mario Oestert
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 Commercial Investment Prime Propert...
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Commercial Investment Prime Property Manado City North Sulawesi Indonesia 52651m2
Special Land offer 52,651m2 plus, sea side top Indonesia investment, Indonesia commercial prime land 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!
This land does not need to be specially promoted only needs an interested buyer!
Now Selling below minimum Market value! 7,950,000 US$
HOME PAGE: http://my.opera.com/ManadoMario/
Extra Opportunities and bonus
A new owner would have the opportunity to add another 17,000M2 of already reclaimed land, which joints to the original City land of 52,652M2. The cost to join this 17,000M2 reclaimed land would only require a very low administration fee, to enquire the title documents! This option could 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 would require to add the17000 M2 reclaimed land.
Reason for sell
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
1) 100% all paperwork in order, ready to be sold tomorrow.
2) 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.
3) Notary will handle any transaction and all paperwork required for a sell of this land on the investor groups behalf.
4) 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.
5) Prime commercial land already had the approval to build Shopping Mall, Apartments and Hotel.
6) Investor group only concerned to get there original investment input returned on a resulting sell, no profit expected.
7) 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
1) Two individual land titles joint to ea other one title 16,091 M2 second one 36,560 M2 total 52651 M2.
2) Original Manado Square, Master Plan of Shopping Mall, Apartments, Hotel and Marina are on the attachment photo to evaluate the potential of the property.
3) Land already had local authority’s approval to build Shopping Mall, Apartments and Hotel.
4) Reclaimed joint land 17,000 M2 Plus requires paperwork only.
5) No more original City properties available close to Manado City.
6) Property location classed as commercial Manado City seas site.
7) The property location is opposite off upper class housing developing complex.
8) Many local facilities close by local Hospital, transportation, miner Port facility and International Airport.
9) The original project development plan would have required 100 million US$.
10) The paperwork on the property is 100% in order!
WHAT MANADO'S CITY BAY IS MISSING IS A LAND MARK BUILDING
Parties, groups investors that could be interested Singapore, Australia, Philippines, US
Developers of major projects
Hotel developer groups
Investors (Groups) into prime land properties
Investment
Incentive for a Developer ore Investor Group
Manado having a small population and is surrounding by unspoiled unpolluted Nature resorts and natural hot springs could be the perfect place to develop a needed specialized MEGA MEDICAL CENTRE for the hole of Indonesia and the on joining islands and countries. Having a quiet and beautiful place for the operating professional local and international Staff to live. In addition, some hospital petitions could enjoy and rehabilitate in the surrounding Nature resorts. I am convinced a MEGA MEDICAL CENTRE in this strategic location equipped with special equipment, facilities and professional staff, this would most definitely stop many ex-partisans working in Indonesia and local people from enquiring medical attention overseas. Such facility differently is a positive economical input for Manado and future. In addition, looking at the fact that Indonesia has 230million people and incising such facility is required for the hole of Indonesia and being advantageous economically and financially.
Price Expectance
The marked value for this particular prime land in this strategic location could achieve above 1,800,000 Rp. per M2! The market value on BASIC commercial land in the Manado City area ranges from 2,500,000 Rp. to a minimum of 1,500,000 Rp. per M2. At current curs rate about 265US$ 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!
Property Location
Contact me for more Info! (Investor of Group)
Jl.Wolter Monginsidi Malayang 1
Manado, Sulawesi Utara 95262
Indonesia
Mario Oestert
Tel. +628152331853
My Email Mario_Oestert@Yahoo.com
HOME PAGE: http://my.opera.com/ManadoMario/
Finical sell price consideration
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!
HOME PAGE: http://my.opera.com/ManadoMario/
< Message edited by Mario Oestert -- 15/9/2006 3:24:47 AM >
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