House and lot (228 sq.m.) for sale in Apas-Lahug-near I.T. Park @ P8M net

FOR SALE/GOOD DEAL: Four-bedroom house and lot, strategically located in Apas,-Lahug, just near I.T. Park, - the premier business district in Cebu City. The house is already old yet still livable and of good foundation and this can still be used as a rental apartment for bed spacers or room renters, with call center employees as target tenants. The location is very strategic and the neighborhood is safe and pleasant. Room/bed space rental
is very much in demand in this area because of I.T. Park. The property can also be knocked down and be converted into a 3-storey rental apartment to maximize the use of the entire lot area.

Lot area: 228 sq.m.
Floor area: 105 sq.m.
Selling Price: P8 million (non-negotiable)
Sale Transaction: net listing
Buyer's account: capital gains tax, documentary stamp tax, transfer expense, and notarial fee
Seller's account: broker's fee

Note: Market value of the lot within this area is at P40k/sq.m.

House Details:
bungalow type
gated and fenced
with proper easement
4 bedrooms
2 bathrooms
2-car garage
kitchen
living area
dining area
study room

For more inquiries and assistance, contact:

MARIQUITA "Kets" L. BOLIGOL
Real Estate Broker
Leuterio Realty and Brokerage
Cebu City