5- story Residential Building in Faraday St., Brgy. San Isidro, Makati City
REAL ESTATE OVERVIEW
(No Brokers or agents please)
Well maintained 5 story commercial and residential building no elevator w/ total of 14 units (1 big unit ground level, 2nd-4th floor has 4 units with a 59 sqm each unit). 5th level is for the building owner with 2 bedrooms with 1 maid's room with 2 bathrooms and separate or dirty kitchen and open deck. Another roof deck can be used as common laundry and drying area with 2 big water supply tanks.
Tenants details:
The original number of units is 16 it has 6-7 slots covered car garage.
The building was already Approved by DITO for the proposed cellsite tower with 50-80k/month for long-term lease but DITO telecommunications wants a property that has no bank mortgage or property is not under for sale. If someone buys this building the telecommunications firm is open for another meeting.
REASON FOR SELLING:
PROPERTY PHOTOS (Loading...please wait)
(No Brokers or agents please)
- Address/Location: Faraday St. 2nd lot Newton St. Brgy. San Isidro, Makati City
- only 312 meters to Osmena Highway and Skyway stage 3 which you will connect going to North & South with ease. Going to NAIA Airport takes only about 10-15 minutes travel time via Skyway. It is also within walking distance to SM hypermart mall & Cash and Carry mall. The area is flood-free and has no depressed area or squatters it's a very safe community.
- Subdivision/Village Name: N/A
- Property Type: Building
- Lot Area: 284 sqm
- Floor Area: approx. 1,400 sqm more or less
- Terms: Cash only
- PhP 60,000,000.00 or PhP 211,267.60/sqm
- BIR Zonal value: 90,000/sqm CR; 70,000/sqm RR
- Non-Negotiable Price, if interested make an offer
- SELLER pays for Capital Gains Tax, VAT (if any) and Broker Fee.
- Documentary Stamp: 1.5% which ever is higher (BIR zonal or purchase price)
- Registration Fee: 0.5% which ever is higher (BIR zonal or purchase price)
- Transfer Tax: 10% of the Capital Gains Tax
Well maintained 5 story commercial and residential building no elevator w/ total of 14 units (1 big unit ground level, 2nd-4th floor has 4 units with a 59 sqm each unit). 5th level is for the building owner with 2 bedrooms with 1 maid's room with 2 bathrooms and separate or dirty kitchen and open deck. Another roof deck can be used as common laundry and drying area with 2 big water supply tanks.
Tenants details:
- Ground-level 1 big commercial space occupied by a security agency firm
- 2nd floor is all office units, 2 units occupied by a law firm, 1 unit by a beauty parlor, and an accounting office.
- 3rd-4th floor is all residential (4) units. 2 Units on each level facing the road have their own balcony some units converted into a 1 bedroom unit at a tenant's expense all units have their own laundry drying area.
- All tenants Contract up to November 2021 only the seller did not renew the lease contract because it’s already for sale. New buyers can still absorb the existing tenants and renew the lease agreement and increase the rates.
- Present income: Php 200,000/month, 2 units here are not included because the occupant is a friend of the owner so they are not paying the rent since they start occupying the units, if u will include that would be additional 40,000 or 20,000/each unit. Plus the 5th level rent would be around 40,000 and up.
The original number of units is 16 it has 6-7 slots covered car garage.
The building was already Approved by DITO for the proposed cellsite tower with 50-80k/month for long-term lease but DITO telecommunications wants a property that has no bank mortgage or property is not under for sale. If someone buys this building the telecommunications firm is open for another meeting.
REASON FOR SELLING:
- Wants to pay out bank loan
- This property is in open community with 24 hour transportation.
- Not affected by Ondoy and Habagat, newly rehabilitate road & drainage
- Nice area, Absolutely No Squatters
- Wide road 2 way passable trucks and trailers
- Easy access to Osmena Highway (skyway 3)
- Year Built: Unknown as of this time
- Renovated: Unknown
PROPERTY PHOTOS (Loading...please wait)
Location: Faraday St. 2nd lot Newton St. Brgy. San Isidro, Makati City
Inquiries:
jose nonoy 0919-8072372
jose nonoy 0919-8072372