TAFT AVENUE MANILA PRIME PROPERTY – 2,045 SQM REDEVELOPMENT SITE WITH EXISTING INCOME!

TAFT AVENUE MANILA PRIME PROPERTY – 2,045 SQM REDEVELOPMENT SITE WITH EXISTING INCOME!

Rare opportunity to acquire a large commercial property along Taft Avenue, Malate Manila
ideal for hotel redevelopment, mixed-use project, student housing, office tower, or commercial complex.
With existing income from a long-term fast-food tenant and a 6-storey hotel structure ready for renovation or redevelopment, this property offers immediate revenue and long-term capital growth.
Strategic Location: Taft Avenue, Malate Manila – one of Manila’s busiest commercial corridors near universities, hospitals, LRT stations, and tourist districts.

Selling Price: Php700,000,000

Property Highlights
• Lot Area: 2,045.90 sqm
• 2 Clean Titles + 4 Tax Declarations
• 3 Existing Structures
6-Storey Non-Operational Hotel
• Around 60 Rooms
• Ground Floor Commercial Area
• Ideal for renovation, boutique hotel, or redevelopment
2-Storey Old Structure (Built 1945)
• Previously used as office extension & dormitory
Fast Food Commercial Building (Income Generating)
• Lease until 2032
• Monthly Rental Income: Php 550K – 882K

Ownership & Transaction Details

• Title under Corporation
• Seller shoulders 3% Broker Commission
• Buyer shoulders VAT, EWT, DST, Transfer Tax, Notarial & Registration Fees
Why This Property is a Great Investment
Prime Taft Avenue commercial corridor
Large land size in Manila (rare availability)
Income-generating tenant
Ideal for hotel, mixed-use, student housing, office, or commercial redevelopment
Near universities, LRT stations, hospitals, and tourist hubs

Reason for Selling: Owners are already senior and want to liquidate assets.
Investment Potential Ideas (for serious buyers)

This property is suitable for:
• Hotel redevelopment
• Student dormitory / co-living spaces (near universities)
• BPO office building
• Commercial mixed-use tower
• Serviced apartments
• Retail and commercial complex
Strategic Nearby Landmarks
• Universities along Taft Avenue (UP Manila, DLSU, etc.)
• Robinsons Place Manila
• LRT Taft Stations
• PGH Hospital
• Manila Bay tourism district

CALL US TO DISCUSS - DOCUMENTS ARE WITH ME WITH Authority to Sell

BERNADINA"NADINE" NORTEZ, REALTOR®
Professional Real Estate Broker
PRC Lic. Nos.0008112
DHSUD N-B-4226

ORTIGASREALESTATE.COM CO.
Unit LG-30-City & Land Mega Plaza
ADB Avenue corner Garnet Road,
Ortigas Center, Pasig City 1605
Telephone : +632-633-6951
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