Rental income or family home. 7 bedroom freehold property located just 500 meters from the Ocean in Cemagi which is currently 15 minutes drive from Echo Beach with Tanah Lot and the prestigious Nirwana Golf Club & Resort a 15 minute drive in the other direction. Sitting on 15 Are of freehold land plus a private driveway, this property is approximately 1300 Sq m in build size and consists of three separate buildings . The first building has four individual self contained 2 story 1 bedroom apartments and the second building has one huge luxury 3 bedroom villa with a penthouse master bedroom suite. In the third there is also a reception, office, spa, commercial kitchen and laundry area.
Outside there is a large 15 x 6 meter lap pool, a bar and BBQ area as well as a large covered bale and sundeck. There are beautifully landscaped gardens and the apartments and villa all have their private verandah and balconies with panoramic views of the rice fields. There is also parking for 3 cars plus motorbikes and a security post. The owners have just completed an extensive renovation which has taken over a year to complete with no expense spared and highest quality materials used on every square meter and beautiful high end furniture throughout. Was previously used as a family home and has just entered the rental market with some very high value bookings being taken, this property has massive potential for rental income and has an extremely hard to obtain Melati License (Hotel License).
The owners are selling this property turn key meaning you are able to start renting from the day you get the keys. Currently taking around 30 minutes to Seminyak this journey will become a 15 minute breeze when the new bypass road is completed and the value of the property is likely to soar.