BRAND NEW 32 APARTMENT COMPLEX WITH INCOME, FOR SALE IN MAKATI

This brand new and modern 4-storey complex consisting of 32 Units, constructed under European ownership, has been completed in May 2009 All units are occupied by tenants under a one year contract Each Unit has a floor area of 30+ sqm. with two Bedrooms, Toilet & Bath (with shower and bidet), Sala/Dining, Kitchen and a Laundry area The units are equipped with modern white electrical outlets/switches and modern lights All walls are painted white, grills, windows and fence are painted navy blue. Floor tiling inside the apartments is off-white, hallways, garage and stairs have been tiled using black tiles The complex has a cistern tank, water pump and two overhead water tanks (1,600 gallons) on the rooftop so water availability is guaranteed and the units are provisioned with hot and cold water pipes The rooftop is neatly finished and provisioned with lights, providing ample space to accommodate parties All units have been equipped with Local Area Network, Internet and Cable TV. Internet access is currently provided for free to all tenants. Each unit has its own Meralco meter. Water consumption is charged at P50.00 p.p./month Located at 508 Yakal Street, Barangay Comembo, Makati City, fenced, quiet, windy and conveniently located. The main road (JP Rizal Extension), wet market and jeepney/tricycle stop are just 75 meters away The property is titled and is for sale for P37.5M net. It currently earns P300k per month and has an ROI of less than 8 years