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Menara Peninsula Jakarta Hotel
Menara Peninsula Hotel is strategically located on the edge of the main business district in West Jakarta after the exit to the Slipi Highway. This puts the Property in proximity to most multinational companies and government offices in Jakarta. As the corner site at the intersection of 2 major roads, the Property has a prominent frontage and affords its owner a strong presence in the area.
Investment highlights
SIZEABLE LAND PLOT PRIME FOR REDEVELOPMENT
Situated at the intersection of 2 major arterial roads, the 7,430 sqm site is suitable for redevelopment into a myriad of use cases. As the area continues its revitalization, the potential to convert the existing gross floor area into residential, office, or other compatible uses becomes a promising opportunity for generating a more appealing return on investment.
VALUE ENHANCEMENT OPPORTUNITY
The Property has not undergone a major renovation since opening in 1998, allowing an incoming owner to undertake a refurbishment of the guestrooms and common areas to modernize the Property’s offerings and increase its Average Daily Rate (ADR). Additional floors could also be added, subject to technical feasibility and approval from various authorities.
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