12/square meter

VACANT LOT IDEAL FOR APARTMENT DEVELOPMENT PASAY CITY

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VACANT LOT IDEAL FOR APARTMENT DEVELOPMENT
D Jorge Street, Pasay City
No. of Rooms 5
Selling Price: PHP 12/square meter
Contact Person: Arturo Cruz c/o Magdalena Cruz
Contact Number: +61416128362 for Arturo or +6328325874 – Magdalena

274 squae meter vacant Lot Ideal for investment or apartment/townhouses development in Pasay City (near Makati Boundary). Owner selling before bank foreclose. Originally P16k-20K per square meter circa ’90’s now selling @P12k/square meter. Currenly, Mais (corn) vendors are renting the vacant lot for P11,000/monthly for cooking their mais (corn). Tenant are moving out but willing to extend their contract if buyer of this lot would let them stay, otherwise the bank will evict them out. Copy of the contract of the mais tenants can be provided and be extended. Previously, rented out for parking spaces for cars, jeepneys and taxis. Cars renting out for P1000/m for each car or jeepneys. Can accommodate 15-18 cars for parking. Ideal for investment while there is a side income for small business and future townhouses development. Place is near to the Market, Bench Factory, and close to the Makati District along Pasay Road and Arnaiz (Libertad) Road. This one must sell due to bank foreclosure. The adjacent lot is selling for P20,000/square meter and if both are aqcuired the buyer can develop 16 units of townhouse on 274 and 294 per square meter of these two adjacent lots. Owner can be contacted on +61416128362 for Art or +639224112301 for Magdalena Cruz. Landline is + 632 862 5874.

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