Kost for Sale

980 m² SHM freehold land + 354 m² house in central Surabaya. West-facing with 10m road access - ideal for investor or developer. Serious buyers: request site visit.

Discover a prime investment opportunity in the heart of Surabaya: a 980 m² SHM (freehold) land parcel with an existing 354 m² house, priced at Rp 28,000,000,000 (negotiable). This west-facing property sits on a 10-meter road in central Surabaya, offering unmatched accessibility and high redevelopment potential for developers, investors, or owner-occupiers seeking a central location.

Why this property stands out

Location: Central Surabaya - short distance to major commercial zones, education, healthcare and public transport corridors (ideal for high-demand rental or commercial conversion).

Clear title: SHM (freehold) - smooth transaction potential and strong legal standing for lenders.

Size & scale: Large 980 m² land footprint provides flexibility for redevelopment: multi-storey apartments, boutique office, premium boarding house, or mixed-use project.

Existing structure: 354 m² house with extensive room layout (multiple bedrooms across two floors) - usable immediately or demolished for new development.

Access & orientation: West-facing plot with a 10m frontage road - excellent for visibility, logistics and afternoon light.

Price advantage: Utilities currently disconnected (listrik & PDAM) and cosmetic works required - an opportunity to negotiate a competitive acquisition price.

Ideal buyers

Property developers targeting central Surabaya projects.

Investors seeking high-rental-yield conversions (boarding house, serviced apartments).

Businesses wanting a flagship office/showroom in the city center.

High-net-worth individuals seeking a large private city compound.

Call to action
Serious inquiries only. For a private site inspection, full specification sheet, and negotiation terms, contact the Ray White listing agent via the property page or reply here to prepare professional marketing materials and buyer outreach. Fast decisions and realistic offers welcomed.

Specification