ERMITA BUILDING FOR SALE ACROSS ROBINSONS PLACE

ERMITA BUILDING FOR SALE ACROSS ROBINSONS PLACE

Property code: DE88-004940

Property Details:
- Lot Area: 1,167.50 SQM
- Floor Area: 4,402.26 SQM
- Prime corner property in one of Manila's busiest commercial districts
- Directly across Robinsons Place Manila
- Former apartment-hotel with strong redevelopment potential
- Constructed in 1968 with durable structural foundations
- Roof and elevator upgraded in 2013
- Renovation commenced in 2020, providing the new owner the flexibility to complete and modernize the building
- Currently non-operational, making it ideal for redevelopment or repositioning


Building Configuration:
- Ground Floor with mezzanine suitable for retail and commercial establishments
- 2nd to 5th Floors: 18 units per floor
- 6th Floor: 13 units
- Flexible layout suitable for multiple commercial and hospitality concepts

Investment Highlights:
- Existing commercial rental income of approximately ₱600,000 per month
- Previous combined residential and commercial rental income ranged from ₱1.5M to ₱2M per month
- Excellent opportunity for investors, developers, hotel operators, or mixed-use redevelopment

Development Potential:
- Boutique Hotel
- Serviced Apartments
- Apartment Complex
- Co-Living Spaces
- Office Building
- Mixed-Use Commercial Development
- Corporate Headquarters

Nearby Establishments:
- Robinsons Place Manila (across the property)
- St. Paul University Manila
- Rizal Park (Luneta)
- Manila City Hall
- National Museum Complex
- University of the Philippines Manila
- Philippine General Hospital (PGH)
- Intramuros, Fort Santiago, and Manila Cathedral

Strategically located near schools, hospitals, government offices, commercial centers, hotels, and major transportation routes

Selling Price ₱550,000,000


FOR DIRECT BUYERS ONLY.


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Angelique ""Torj"" Lotuaco
AAA Realty
Professional Licensed Real Estate Broker

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