Property Description
This Building in Basak, Mandaue City, Cebu, Philippines is for sale at ₱20,000,000. It features 400 sqm of floor area.
An Income Generating 4- Storey Commercial Building located in Basak Mandaue City Ground Floor has an Office/Stockroom, kitchen, and small room but rented, and an Internet Cafe that is fully equipped, with functional 18 computers operated by the owner and earning P22K a week and P960K a year 2nd & 3rd Floors have 4 fully furnished Studio units for Rent at P10K per month with a potential income of P80,000 monthly and P960,000 yearly 4th Floor is a 90 sqm, Fully-Furnished 2-Bedroom Apartment for rent at P20K per month with a potential income of P240,000 yearly. Note All rooms are fully furnished with Big Bds, Air-Conditioning, CR, Fan, Refrigerator and TV plus The fourth floor is fully furnished with a Large Living Area and a good-sized kitchen. TV, Big bedrooms with wardrobes, and a two-way bathroom. The current occupancy rate is around 89%. potential income of P188,000 monthly and P 2,256,000.00 yearly. The property has a clear title and is not encumbered in any way
Property Highlights
- Floor area: 400 sqm
- Lot area: 100 sqm
- Furnishing: Unfurnished
- Amenities: 5 included
- Listing type: For Sale
