Code : DS88-000118
Category : For Sale
Project : Commercial Building
City : Tomas Morato Avenue, Diliman, Quezon City
Size : LA : 98.27 sqm FA : 309.81 sqm
Parking : 2 Car Garage
Selling Price : Php 62,000,000.00 Gross
Details of the Property:
• Located in highly commercialized area
• Along main road
• Income generating
• Brand new structure
Tomas Morato Avenue is a street located in Quezon City within the Diliman and New Manila areas of northeastern Metro Manila, Philippines. The street links Eulogio Rodriguez Sr. Avenue in the village of Mariana in the south with Eugenio Lopez Drive (also known as Scout Albano Street) in South Triangle in the north, and passes through Barangays Sacred Heart, Laging Handa, Kamuning, Obrero, and Kristong Hari. Timog Avenue and West Avenue.
Quezon City it is home to many government offices, including the House of Representatives, the lower chamber of the Congress of the Philippines. It is also the location of two of the most prominent universities of the nation the University of the Philippines in Diliman, which is the national university, and the Ateneo de Manila University. It is where the country’s major broadcasting networks are headquartered, like ABS-CBN, GMA, Net 25, PTV, and IBC. It is where Eastwood City can be found, a flourishing commercial and residential development.
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.
Ask About This Property:
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