Rare 89 Year Lease – Premium Development Opportunity Close To Jungut Batu Beach/Hill, Nusa Lembongan.

Prime development opportunity in one of the most valuable and popular areas of Nusa Lembongan.

The property already has 2 x 2 level traditional style villas positioned at the western corner of the land that could be taken to the next level with a stylish cosmetic renovation. The villas are constructed of quality teak throughout with traditional tiled roofs. The top villa has the bedroom on the upper floor with a lounge area and bathroom on the ground floor. The lower villa has the opposite configuration with the bedroom and lounge area reversed. Both villas also have nice size balcony’s (both levels) with ocean and sunset glimpses to the west as well as come with private ceramic tiled pools and grassed areas. Situated below the bottom villa is a seperate maids/storage room.

Total land size is a big 940m2, sloping gently and perfect for developing whether it be multiple higher end private villas or a a substantial hotel capitalising on the brilliant location and wonderful ocean, surf break, Mt Agung and sunset views achievable from second and third levels. Sensational location for a terraced roof top bar/restaurant…

Less than 150m stroll to the beautiful Jungut Batu Beach and the Jungut Batu Hill, packed with quality waterfront restaurants, bars and dayspas such as The Deck, Thai Pantry, the fine dining Muntigs and the high end Spring Spa. A touch further along the walkway to the pretty little Coconuts Beach, paddle out point to Playgrounds and Lacerations. Also easy walking distance to the happening Jungut Batu Village commercial strip now featuring many restaurants, bars, bakeries, spas and boutiques of all descriptions.

The property comes with an extremely rare 89 year lease period till 2114. A lease of this length is almost unheard of on Lembongan with most being between 25 to 40 years making this particular property an outstanding investment.

To schedule an inspection or for further info/assistance contact Peter on plus 61 (0) 405 552 832.

Harcourts Purba Lembongan Office located at Panorama Point, Nusa Lembongan.