SOCORRO CUBAO, QUEZON CITY BRAND NEW 4-STOREY COMMERCIAL OFFICE W/ MEZZANINE AND 10-PARKING

BRAND NEW 4-STOREY COMMERCIAL OFFICE FOR SALE
Socorro Cubao, Quezon City
4-storey commercial concrete building
plus mezzanine
10-parking slot with provision for lifter
8 Commercial Spaces
Powder Rooms
Lobby
Details from FRONT to REAR
1st floor - commercial space/ office with lavatory, driveway/parking, common, toilet and bath, lobby, receiving, stairway, parking, elevator
Mezzanine - balcony, commercial space/ office with lavatory, common toilet and bath, hallway, stairway, elevator
2nd to 4th floor - balcony, commercial space/ office with lavatory, he and she common toilet and bath, elevator, hallway, storage, commercial space/ office (on the rear)


Lot Area = 232.60 sq.m
Floor Area = 916.12 sq.m
Cash Price = 85,500,000 (promo)
Bank Financing Price = 87,300,000 (for partner Bank's only)
30% down payment, 70% Bank Loan @ bank rate up to 15-years
In-House Financing Price = 90,000,000
30% down payment, 70% In-House financing for 2yrs

RESERVATION = 1,000,000
Option I SPOT CASH
Selling Price = 90,000,000
Discount = 4,500,000
Cash Price in 15-days = 85,500,000

Option II IN-HOUSE FINANCING
Selling Price = 90,000,000
Down payment in % = 30.00%
30% Down payment w/in 30-days = 27,000,000
Balance in % = 70.00%
Balance for In-House Financing = 63,000,000
Reservation = 1,000,000
monthly for 24-months @ ZERO % = 2,583,333

Option III Partners Bank Financing
Selling Price = 90,000,000
Discount = 2,700,000
Promo Price = 87,300,000
30% Down payment w/in 30-days = 26,190,000
BANK FINANCE
Balance = 63,810,000
Interest rate = 9.00%
TERMS MONTHLY
if 5yrs to pay = 1,324,591
if 10yrs to pay = 808,318
if 15yrs to pay = 647,204