Kost for Sale

For Sale
37-Room Freehold Boarding House - Only 3 Minutes' Walk to UK Petra Surabaya

An excellent investment opportunity in the heart of Siwalankerto, Surabaya. This spacious freehold kost (boarding house) offers 37 rooms and sits on a generous 723 m² land plot with 1.268 m² building size.

Prime Location
Only 3 minutes on foot to UK Petra University
Close to SMKN 12, shopping centers, dining options, and public transport
Surrounded by high student and worker demand

Property Features
37 rooms, shared 12 bathrooms
Freehold (SHM) ownership
Ample parking space for motorbikes & cars
Reliable electricity & water supply
Secure and comfortable environment

Investment Highlights
Constant high occupancy from students and professionals
Rare freehold boarding house near major campus area
Excellent opportunity for passive income & capital appreciation

Asking Price: IDR 5.5 Billion (negotiable)

Sample ROI Calculation (Estimated)

Assumption:
Rent per room (average in Siwalankerto area near UK Petra): IDR 1.5 - 2.0 million/month
Occupancy rate: 90% (typical in campus housing areas)
Rooms: 37 units

Gross Monthly Income
37 rooms x IDR 1.7M x 90% = 56.6 million/month

Gross Annual Income
679 million/year

ROI (Gross Yield)
679M / IDR 5.5B x 100% = 12.3% per year

Note : (This is gross, before deducting maintenance & operational costs. Net ROI typically ranges 8-10%, still attractive for property investors.)
So...
This is a rare chance to own a profitable student boarding house with 37 rooms just steps away from UK Petra. Whether you're looking for a steady passive income stream or long-term capital growth, this property is the right fit.
Contact us today to schedule a viewing and secure this prime investment!

Specification