Jones Lang LaSalle’s Hotels & Hospitality Group (“JLL”) has been retained as the sole and exclusive advisor to PT Golden Dewata (the “Owner”) to offer for sale Level 8 Urban Hotel (the “Property” or “Hotel”) on Petitenget Road, Seminyak, Bali. Petitenget Road is emerging as one of the trendiest and most popular hangout streets in Seminyak, surrounded by stylish hotels, world-renowned beach clubs, fashionable bars and restaurants, trendy galleries and elegant retail stores. Situated in the heart of Petitenget Road, the Property enjoys a remarkable level of tourist activity and can be conveniently accessed from Ngurah Rai International Airport in only 25 minutes.
The Property is in its final stages of construction, which represents a rare opportunity for investors to acquire with the benefit of a vacant possession, unencumbered by hotel management. Investors also have the flexibility to acquire in its ‘as is’ condition and finishing can be tailored to their desired brand. All 139 guestrooms have been uniquely designed to accommodate a growing younger guest segment, whose lifestyles are characterised by elegance, simplicity and affordability.
Detailed information on the Property, including financial, legal and building, is available for review upon execution of the confidentiality agreement.