Prime Development Opportunity in Lapu-Lapu City – 1,490 sqm Lot for Sale
Cebu, Lapu-Lapu, Marigondon
Sale: ₱ 20,000,000
Full description
Listing ID: Agus1490
Land for sale in Marigondon, Cebu
Unlock the potential of this strategically located lot in Agus, Lapu-Lapu City, perfect for high-return commercial or mixed-use projects. Seize the chance to develop in one of Cebu's most rapidly growing areas.
Lot Details:
-Size: 1,490 sqm.
-Frontage: 26 meters along a major road.
-Title: Clean title, ready for immediate transfer.
-Price: P20,000,000 (net) unit November 18, 2024 only
Location Advantages:
-Situated in the heart of Lapu-Lapu City, a bustling center for tourism and business.
Proximity to Key Infrastructure:
-250m from Mactan Isla Resort & Casino.
-1.6 km from Gaisano Grandmall Mactan.
-Minutes from CCLEX, ensuring excellent connectivity.
Potential Projects:
-Ideal for a two-story commercial strip yielding an estimated 16.47% ROI.
-Mixed-use development possibilities for a balanced portfolio of retail and office space.
Market Insights:
-The area has a strong demand for commercial spaces, driven by tourism and local development.
-Property values in Lapu-Lapu City are appreciating, making this an investment that can deliver long-term value.
Investment Potential:
Develop a project that could generate up to PHP 18 million in annual rental income with an estimated net annual ROI of 16.47%. The payback period for a potential commercial strip project is approximately 6.1 years, making it a lucrative investment.
Don’t miss out on this unique investment opportunity! Contact us today for more information or to schedule a site visit.
Lot Details:
-Size: 1,490 sqm.
-Frontage: 26 meters along a major road.
-Title: Clean title, ready for immediate transfer.
-Price: P20,000,000 (net) unit November 18, 2024 only
Location Advantages:
-Situated in the heart of Lapu-Lapu City, a bustling center for tourism and business.
Proximity to Key Infrastructure:
-250m from Mactan Isla Resort & Casino.
-1.6 km from Gaisano Grandmall Mactan.
-Minutes from CCLEX, ensuring excellent connectivity.
Potential Projects:
-Ideal for a two-story commercial strip yielding an estimated 16.47% ROI.
-Mixed-use development possibilities for a balanced portfolio of retail and office space.
Market Insights:
-The area has a strong demand for commercial spaces, driven by tourism and local development.
-Property values in Lapu-Lapu City are appreciating, making this an investment that can deliver long-term value.
Investment Potential:
Develop a project that could generate up to PHP 18 million in annual rental income with an estimated net annual ROI of 16.47%. The payback period for a potential commercial strip project is approximately 6.1 years, making it a lucrative investment.
Don’t miss out on this unique investment opportunity! Contact us today for more information or to schedule a site visit.
Key features
- Land area: 1,490 m2
Video presentation