Brgy. Olympia | Brand New 5-Storey Apartment Building for Sale in Makati City Near Century City Mall, SM Jazz Mall, BGC, Ortigas Ctr.

Metro Manila, Makati, Olympia
Sale: ₱ 37,000,000
12 Bedroom Commercial for sale in Olympia, Metro Manila
Full description

Listing ID: DS883272

12 Bedroom Commercial for sale in Olympia, Metro Manila

Code : DS883272
Category : For Sale
Project : Apartment Building
City :Brgy. Olympia, Makati City
Size : 112.5 sqm
Parking : 1 Car Garage
Selling Price : Php 37,000,000.00 Gross

Details of the Property:
• Clean title
• 1st and 2nd floor has 5 Bedrooms
• 3rd floor has 5 Studio Units
• 4th floor 1 2BR UNIT
• 5th floor 1BR UNIT & TERRACE
• Sprinkler ready
• 5 mins away to Makati Circuit

This property is strategically located in a highly commercialized area near notable landmarks in Brgy. Olympia, Makati City, also it is already fully fitted, ready to cater to potential tenants! You can generate rental income from businesses renting the space. You can also use the space as a home for your own business, giving you more control over your own company.

Makati is a city in the Philippines’ Metro Manila region and the country’s financial hub. It’s known for the skyscrapers and shopping malls of Makati Central Business District, and for Ayala Triangle Gardens, an area dotted with trees and sculptures. Ayala Museum houses the Filipinas Heritage Library and craft collections documenting the country’s history. The Rizal Monument is a memorial to national hero Jose Rizal.
Makati’s highly developed multi-modal transport infrastructure has made it the most centralized city in Metro Manila and the National Capital Region. The creation and availability of various forms of public transportation, such as the upcoming Makati Subway and the existing Metro Rail Transit (MRT), jeepneys and buses, complemented by a road network that links the city to the rest of Metro Manila, ensures accessibility and convenience.

WHY COMMERCIAL PROPERTY IS A GOOD INVESTMENT?

1. Higher income yields – commercial properties generally show a greater level of income for a given property value, when compared to residential property.

2. Capital growth potential is based on income growth potential and other measurable factors – commercial properties are often valued on the basis of the potential (and actual) rental return being achieved. Other relevant factors include economic activity, interest rates, and the commercial success of the area surrounding the property.

3. Stability and consistency of income – longer leases. Whilst residential properties are typically held on short leases (often 12 months), commercial properties typically attract longer lease terms between three and 10 years, providing consistent and predictable income streams over time.4. Income growth – the longer leases of commercial properties usually allow for the rent to increase in every year of the lease, thus increasing the return on investment as the lease progresses.

5. Maintenance – unlike residential investors, commercial investors have the potential to earn enhanced profit, with the lessee responsible for paying the cost of maintenance, rates and repairs on the property when the ongoing expenses are written into the commercial lease agreement.

6. Reliable tenants – we have all heard stories of “horror tenants” in houses and apartments. Tenants of commercial properties, on the other hand, are earning their income from the property. Therefore, it is in their interests to keep the property in good order and to maintain good relations with the landlord.

7. Diversification – commercial property investment can provide diversification across different asset classes and geographic locations, allowing the investor to add further elements of diversification into their portfolio. By diversifying their portfolio and investing in a variety of commercial assets, from retail to industrial, investors are also protecting their income and managing risk in the event of an economic downturn.

8. Ability to collectively invest – the ability to own commercial property within investment structures, such as property managed investment trusts, allows investors to hold part of a larger asset and to benefit from professional management of both the asset and the investment vehicle, which will also be subject to annual audit.


Want to schedule a private viewing?

For inquiries, pls contact:

ZACH PE
Top Realty
0966370----

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*Want to know the value of your property? For your property appraisal and asset valuation needs, Crown Property Appraisal Corporation (CPAC) is here to help you. Call 0966370---- or visit our website www.crownappraisa----
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