Joint Venture opportunity to invest and partner in an upmarket residential/commercial mix enterprise on the booming tourist hotspot island of Nusa Lembongan.
The development site (3,150m2) is second to none positioned on the Jungut Batu Hill, the most popular and valuable area of the island without a doubt. The site itself is one of the most impressive on the iconic hill and extends from the waterfront (30m frontage) back up to almost top of the hill more than 100m. Beautiful expansive ocean vista all the way to the Bali mainland as well as stunning views of the Jungut Batu Beach, the sunsets to the left and the magnificent Mt Agung. The Jungut Batu Beach literally metres away below the property and the pretty Coconuts Beach a couple of hundred metres walk west along the waterfront boardwalk.
Owners of the property are an Australian family (Based in Bali) and are looking to partner with the right investor/investor group and are very flexible with the development being open to options/ideas. Currently the owners have a potential concept which they are refining but nothing set in stone as yet. The owners concept consists of a chic mix of restaurant, bars, cafe, wedding area, multiple pools, dayspa, gym, yoga studio and of course stylish accommodation with hill inclinator. The property also comes with the right to build out over the water opposite side of the walkway same as the Deck and The Thai Pantry for example adding another dimension to this already very impressive 5 ⭐️ piece of real estate.
The property is leasehold and has a very long lease of 45 years which is rare on the island with land owners these days offering 25 to 30 years maximum which is an investment in itself.
This is an outstanding opportunity to JV with experienced and savvy expat operators and add your stamp to the project from design to actual hands on operating.
For more specific info/assistance or to schedule an inspection contact Peter Hall on plus 61 (0) 405 552 832 (WhatsApp) or email at [email protected]
Harcourts Purba Lembongan Office located at Panorama Point, Nusa Lembongan.