Prime 5-storey Rockwell-Poblacion Makati Bldg

for SALE!! Prime 5-storey Rockwell-Poblacion Makati Bldg

Built (completed for occupancy) August 2020 - Pandemic period
Lot Area: 300 sqm
Total floor area: 1720 sqm (inclusive of basement and Rf deck)
Price is P280M or best offer. We will pay for CGT based on zonal. Title is individually owned.
MAIN FEATURES:
1. Floors (7 "floors" - 5 storey with roof deck and basement)
a. Basement (280 sqms) – for parking/storage/cistern/elevator well/electrical room/pumps
b. Ground level (300 sqms) – Commercial Space, receiving area, parking, staff quarters, back yard
c. 2nd to 5th floors (240 sqms each)– Residential floors with 7 units each floor (6 units with balcony) for a total of 28 units with own restroom and kitchenette.
d. Roof Deck – (240sqms) – Covered stairwell/elevators, 2 restrooms, large capacity water storage (2) with water pumps
2. Elevator access - Brand: Fuji - Elevator shaft is large for the current elevator, can be upgraded to a bigger elevator.
3. Parking slots – can fit 16 to 18 cars (in basement and ground levels)
4. Perimeter front and back are roads – hence balcony views will never be blocked. Back perimeter is Rockwell’s residential drive – exclusive access to Rockwell condo owners hence very quiet. Main road R Palma end gate is closed at midnight limiting access and noise.
5. Only 15 lots in the same strip. Same lot strip as Rockwell Land's latest condo building - Edades West. Once this condo is fully built, this will further increase value of strip. Wide and quiet street of Poblacion.
6. Modern design and well-maintained building
7. Income earning (7 to 10% return on initial investment per annum easily once the full commercial viability increased) –
currently earning thru Airbnb rental of units with a monthly income of P1 M to 1.2M (Airbnb platform only.) Revenue can be improved if placed in other online booking platforms like Agoda.com, Booking.com etc)
** (commercial space not yet used – former tenant of the whole building built a convenience store at the ground level)
** roof deck space can also be maximized to earn revenue and can be fully covered
** Building can be used as an office building as well.
8. All 28 units have split-type inverter airconditioner installed, water heaters, and small working kitchen
9. 5-10mins walk to Rockwell Powerplant Mall and Poblacion’s Restaurant and bar
strip.
10. Several photos posted. Please view.
Onsite Viewing to be scheduled for clients/buyers with serious intent only. Best days for viewing is Monday to Wednesday (other days are usually fully booked with Airbnb guests).