3-story Commercial Building in Aurora Blvd. New Manila, near Robinsons Magnolia Mall

REAL ESTATE OVERVIEW
(No Brokers or agents please!)

• Address/Location:Aurora Blvd.near Balete Drive St. New Manila Brgy. Immaculate Concepcion, QuezonCity
• Nearby Establishment/Landmarks:Near Robinsons Magnolia Mall and Betty Go Belmonte LRT-2 station approx. 200-250 meters
• Map Link:http://www.aardvarkmap.net/mape/JVHS90DT
• Subdivision/Village Name:N/A
• Property Type:Commercial Building
• Asking Price:Php 22,000,000.00
• Lot Area:115sqm
• Floor Area:approx. 460sqm more or less
• Terms:Cash or Best offer only

PRICING INFORMATION

• PhP22,000,000.00 or PhP47,826/sqmincluding improvement

• Price are subject to change without prior notice, we don't OVER PRICE!
• For serious buyer please Make an Offer to buy or Letter of intent,click here to download

OTHER FEES:

• Documentary Stamp:1.5% of the Selling Price
• Registration Fee:0.75% of the Selling Price
• Transfer Tax:0.5% of the Selling Price

DOCUMENT STATUS:

• TCT name is under Spouses both are alive and living here in the metro manila
• Tax declaration for land and improvement no problem and updated real property tax
• TCT is very cleaned never engaged in any loans or mortgaged, lis pendens or any encumbrances

PROPERTY DESCRIPTION

• 3-story building with mezzanine and roofdeck, 15 meters frontage
• Ground floor used to be a bank with mezzanine and has vault provision & ATM machine
• 2nd floor is a showroom, office or a residential unit with own bedroom & 2 bathrooms
• 3rd floor has 3 units with own bathroom each unit
• 4th floor is a covered deck with 1 big room, maids room and 1 bathroom
• With high capacity water tank and drying laundry cage area
• Open parking slot can accomodate 4-5 cars
• Building is built on a very solid built materials and adobe foundation, owner is a engineer
• Ground floor has potential income of 110,000-120,000 with 15% escalating every year
• Equittable bank now BDO used to rent this before for only 5 years
• BDO Bank still wants to rent this place for 10 years for the new owner
• 3 office rooms at the 3rd floor was being rented before at 25,000/each unit
• Showroom or office at the 2nd floor has potential income of 40,000-50,000/month
• 3rd floor can be rented for private party or a residential unit
• The building is already 11-12 years old very well maintained no need for renovation

REASON FOR SELLING:

• Unit owner is migrating to Australia

AREA DETAILS

• This property is in a open community with 24 hour transportation.
• No flood not even Typhoon Ondoy hit this area
• High foot traffic area, very accessible via Public jeepney and LRT-2
• This is part of New Manila address, few meters to Balete drive
• Few meters to Manga road and Betty Go belmonte this block is already sold to SM it can be a condo with hypermart

PROPERTY DETAILS

• Year Built:2002
• Renovated:Unknown
• Status:Currently Vacant

Building Structure

• Construction: Full Concrete with reinforcement steel bars

Parking

• Carport (Open) - 4-5 slots

Rooms

• No. of Bedrooms: 5
• No. of Bathrooms: 8