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Sta. Cruz Manila Apartment#3 with Php63K monthly INCOME.

Metro Manila, Manila, Santa Cruz North
Sale: ₱ 9,000,000
Full description

Listing ID: 1829169

7 Bedroom House for sale in Santa Cruz North, Metro Manila near LRT-1 Tayuman

visit www.eisenbuilders.com

APARTMENT #3 SELLING PRICE PHP9M with php63K monthly rental INCOME Location : Sta. Cruz, Manila (walking distance to LRT Tayuman station, SM San Lazaro, church, market, Jose Reyes Hospital, banks, commercial establishment) one ride to schools/universities, work place:

4 storey with ROOF deck, car garage, Apartment with 7 studio units (each unit complete with t&b, kitchen, 1 car park or 7 motor park though not yet completed but 3 units were tenanted at Php10,000.00 and php9,000.00 per unit

Floor area:144 plus roof deck- total of 175sqm/ Lot area:36sqm. 7 studio units, each units complete with T&B, kitchen, 4 storey, with underground and elevated water tank. 1 car park or 7 motorcycle park. Selling price: Php9M.

Lot area: 36 * 100,000.00 = Php3,600,000.00

Foundation cost : 36 * 40,000.00 = 1,440,000.00 (depth of foundation is 6m or equal to 2 storey )

Ground floor : 36* 35,000.00 = 1,260,000.00

Second floor : 36* 40,000.00 = 1,440,000.00

Third floor : 36* 45,000.00 = 1,620,000.00

Fourth floor : 36 *50,000.00 = 1,800,000.00

Roof deck : 36 *25,000.00 = 900,000.00

TOTAL COST (BUILDING & LOT) = PHP12,060,000.00

FOR A NEW BUILDING WORTH PHP9M is A SACRIFICE SALE VERSUS PURCHASE OF LOT AND NEW CONSTRUCTION WORTH pHP12M

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