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Serangan Headland Resort

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NTB

CAPITAL

SERANGAN HEADLAND - SELONG BELANAK, LOMBOK


1 st BO UT I QUE R ES O R T & S UBD I V IS I ON P ROJ E C T ON LOM B OK S S OU T H COA S T

Overview

Investment Case

A boutique beachfront resort and adjoining subdivision project will be


running concurrently on the 14.25 hectare property. Both investments
will be mutually beneficial to each other; the resort being constructed
increases the price of subdivision plots and the subdivision plots being
developed benefits the commercial areas of the resort with higher daily
use.

Indonesia has the strongest domestic consumption story out of any


major country in Asia. The poverty line is lowering, as GDP per capita
builds on the back of Chinese demand for resources, meaning that more
people are entering the middle class, having money to spend on white
goods, motorbikes and, of key importance, travel.

Fast Facts
- Only 35 mins from new international airport
- Stunning sunrise view headland property with sunset facing ridgeline
overlooking double beautiful arcing white sand beaches
- Wet and dry season surf breaks on your door or a short distance
away, safe swimming in front and scuba diving a boat ride away
- New 15m wide public road being constructed, adjoining property
- Investments from US$50k, investors will get free accommodation in
resort

Lombok is the neighbouring island to overcrowded Bali, with similar size


/ population and an international airport opened in 2011. Infrastructure
is being built near this airport in the South.
Lombok has 14x less hotel rooms than Bali and only 6x less tourists.
Average hotel occupancies in Lombok are at 70% (vs 58%) 2 years ago.
Good quality resorts are running at 80-85% and poor quality hotels at
60-65%. Most accommodation is on the NW coast of Lombok near the
old domestic airport, leaving the South Coast crying out for more.
We are raising capital to build a smaller version of the resort first, then
selling villas off-plan, to make enough profit to build the rest of the resort.

CAPITAL RAISE 1

CAPITAL RAISE 2

Financials

Stage 1 capital raise ~US$2.0m; US$1.3m to buy 88,000m2 of land and


US$700k for transaction costs, project consultant and infrastructure.
Stage 2 is to start selling subdivisions as soon as possible, raising 100% of
the invested capital 18 months and ~50% of the land to be sold
Stage 3 land bank the rest until the resort starts being built, then sell
subdivisions at higher prices or resort-branded residences off-plan to
raise a development margin as well

BOUTIQUE RESORT, EVORA GROUP LIMITED

Stage 1 capital raise ~US$2.4m; US$2.0m to buy 54,500m2 of

SUBDIVISION PROJECT, SERANGAN INVESTMENTS LIMITED

land

and US$400k for transaction costs, hotel consultant, project planner,


architect. NTB Capital take 20% sweat equity stake of Stage 1 only, to
put the resort together over at least 3 years 6 months
Stage 2 capital raise; ~US$2.6m; to execute scaled back versions of the
infrastructure, the beach club, restaurants, commercial areas and 1st
stage of accommodation 18 months
Stage 3 is to sell enough villas off-the-plan to build the rest of the
resort for resort investors for free 12 months (in conjunction with
Stage 2)

Capital gain after all subdivisions sold


ROI (4 years)
NTB Capital management fee

107%
20%
2%

Ownership Structure

Stage 4 is to build the rest of the resort 12 months


Net Yield after resort is built (3 years)

20.6%

Capital Gain after resort is built

~97%

ROI (3 years)

25.5%

NTB Capital management fee

2%

Holding Company
Operational Company

Cook Islands Company


Indonesian Company

Land Title (Resort / Subdivision) Leasehold / Freehold


Lock up
18 months
Exit
Potential sale in Years 5 to 7

For more info including the complete Investment Memorandum


and Financials contact us below

M : +62 821 4633 0111 E : chris@ntbcapital.com

www.ntbcapital.com

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