Income-generating 4-storey building

	REAL ESTATE OVERVIEW

Location Quiapo, Manila City
Offering One specific individual property unit
Property Type Building
Transaction For Sale
Asking Price P 150,000,000
Lot Area 2,372 m²
Floor Area 7,875 m²
Terms Negotiable

	PRICING INFORMATION

P 150,000,000

SHOW CURRENCIES US$ 3,362,474 € 2,259,576 A$ 3,832,753 £ 1,764,243 C$ 3,600,537 FJ$ 5,494,283 HK$ 26,260,255 S 14,061,869 ¥ 370,242,098 MR 11,183,591 SAR 12,609,280 S$ 4,739,071 R 26,227,303 D 12,349,361

Price/Lot Area P 63,237/m²
Price/Floor Area P 19,047/m²

	PROPERTY DESCRIPTION

4-storey building with roofdeck in excellent condition

• The property is currently being used for a school (1st and 2nd floors) plus dormitory (3rd and 4th floors).
• Asking price for the property is inclusive of the existing dormitory business that has a population of around 500 to 600 with a monthly fee of as high as P2,500 per person.
• The school will be transferred to another location once the property is sold. But they are also willing to lease the 2 floors from the new owner. This means that potential investors already have a good rental income potential.

	AREA DESCRIPTION

The property is located within the area of Quiapo, Manila. It is very close to Quezon Blvd., Gonzalo Puyat (formerly known as Raon), Recto, Quiapo Church, etc. The location is ideal for a school and dorm business as well as other forms of commercial establishment.

	AREA DETAILS

Neighborhood Area Urban mixed-use

	PROPERTY DETAILS

Year Built 1994
Status Currently Occupied
Encumberance None.
Building Structure

Height 4 floors
Construction Concrete
Strength Steel columns and beams

	RESTRICTIONS

DIRECT BUYERS ONLY

	INQUIRIES FOR THIS PROPERTY

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