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PIRI #: MLA-001780
Address: C.M. Recto Avenue, Binondo Manila
Type: House and Lot
Category: Resale
Listed Price: PhP 22,000,000


Description:
Located in the vibrant district of Binondo, Manila, this three-storey residential/commercial concrete building with roofdeck is built on a 140.58 square meter lot and designed to house a regular grocery store on the ground floor, rentable units/office space on the 2nd floor, residential areas on the third floor and multi-purpose/function areas on the roofdeck. Included in the asking price is a two-storey three-door apartment, each with a rental income of PhP5,500/month. Based on prevailing leasing rates in the area, the entire property can fetch an aggregate rental income of PhP66,500/month.

Notes:
About 300 meters away (10 to 15 minutes walk) from Divisoria Commercial Complex, Tutuban Center and near Binondo Church and Chinatown Business District, our Lady of Peach and Good Voyage Church and Gat Andres Bonifacio Memorial Medical Center. With easy access to airports (both International and Domestic), piers (South and North Harbours), Manila City Hall, SM City Manila, Manila's University Belt, prestigious hospitals (Manila Doctor's, PGH, etc.) and prestigious Colleges and Universities (Letran, Mapua, Lyceum, PLM).

DETAILS OF THE PROPERTY:
LOT:
Area: 140.58 square meters
Frontage: 6.69 meters along C.M. Recto Avenue; surrounded by alley
Shape: Rectangular
Terrain: Flat
Road: Concrete paved
Community Facilities: Electricity, water, telephone, cable, transportation

IMPROVEMENTS:
A. Three-Storey Building With Roofdeck
* 1st Floor: Entire floor is a grocery with 1 toilet & bath and a bodega. Floor Area: 80 sqm.
* 2nd Floor: Three (3) bedrooms (one with a small bodega), two (2) toilet & bath plus a receiving area. Floor Area: 110 sqm.
* 3rd Floor: Five (5) bedrooms, balcony, receiving area, two (2) toilet & bath, living, dining, and two (2) kitchens. Floor Area: 128 sqm.
* 4th Floor: Roofdeck/function area with two (2) toilet & bath. Floor Area: 130 sqm.

B. Two-Storey Three-Door Apartment
Each door having the following:
* 1st Floor: Living/dining/kitchen and one (1) toilet & bath
* 2nd Floor: One (1) bedroom




LOCATION PHONE
Sales Office (Phil.)
(632) 631-7020
(632) 633-0565
(632) 637-5531
Sales Office (Can./US)
(416) 848-3109
(310) 499-1437

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