Set beside a tranquil river in Padonan, this 10.62-are leasehold parcel offers an opportunity to create a residential project close to Canggu. Surrounded by established upscale properties, the land provides a peaceful setting for either a boutique apartment development or a private villa concept.
Architectural plans for a proposed 36-unit tropical modern apartment project are included in the sale. The concept features 35 m² and 70 m² units, offering a starting point for a developer seeking a mix of residence sizes. Alternatively, the parcel could accommodate one or two substantial villas, subject to the relevant approvals.
The land is offered with a 28.5-year lease and an option to extend for a further 25 years at a fixed rate of IDR 9 million per are per year. This agreed extension rate offers valuable clarity for long-term planning.
The asking price has been reduced from IDR 18 million to IDR 12.5 million per are per year for a quick sale.
Property highlights
With its riverside setting, included design plans, and fixed-rate extension option, this Padonan parcel presents a flexible opportunity for developers and investors.
Contact Harcourts Purba Bali for further information or to arrange a viewing.