SOCORRO CUBAO QUEZON CITY COMMERCIAL DUPLEX OFFICE WITH 20-PARKING

Metro Manila, Quezon City, Socorro
Sale: ₱ 171,000,000
Office for sale in Socorro, Metro Manila near LRT-2 Araneta Center-Cubao
Full description

Listing ID: TRA HAR-SPA 464/1891

Office for sale in Socorro, Metro Manila near LRT-2 Araneta Center-Cubao

BRAND NEW 4-STOREY COMMERCIAL OFFICE FOR SALE
Socorro Cubao, Quezon City
4-storey commercial concrete duplex building
plus mezzanine
10X2 = 20-parking slot with provision for lifter
16 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 + 232.60 = 465.20 sq.m
Floor Area = 916.12 + 974.98 = 1,891 .10 sq.m
Cash Price = 171,000,000 (promo)
Bank Financing Price = 174,600,000 (for partner Bank's only)
30% down payment, 70% Bank Loan @ bank rate up to 15-years
In-House Financing Price = 180,000,000
30% down payment, 70% In-House financing for 2yrs
RESERVATION = 1,000,000
Option I SPOT CASH
Selling Price = 180,000,000
Discount = 9,000,000
Cash Price in 15-days = 171,000,000

Option II IN-HOUSE FINANCING
Selling Price = 180,000,000
Down payment in % = 30.00%
Down payment w/in 30-days = 54,000,000
Balance in % = 70.00%
Balance for In-House Financing = 126,000,000
Reservation = 1,000,000
monthly for 24-months @ ZERO % = 5,208,333

Option III Partners Bank Financing
Selling Price = 180,000,000
Discount = 5,400,000
Promo Price = 174,600,000
Down payment in % = 30%
Down payment w/in 30-days = 52,380,000
BANK FINANCE requirement (proof of income)
Balance = 127,620,000
Interest rate = 9.00%
TERMS MONTHLY
if 5yrs to pay = 2,649,181
if 10yrs to pay = 1,616,636
if 15yrs to pay = 1,294,407
Key features
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Details on Rich Zel

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