COMMERCIAL UNIT FOR SALE

Fedman Suites Building is generally considered a good and highly practical option for small businesses, startups, and budget-conscious tenants. However, it has a reputation as an older property, completed in 1978. Recently, the management/developer completed a major multi-phase re-development and renovation. The interior spaces, elevators, and common areas have been progressively upgraded with modern finishes.

The property had also been subject to legal delinquency issues decades ago concerning building maintenance and central facilities. As part of the multi-phase renovation, management addressed and resolved these outstanding issues with relevant government agencies.

MANNER OF PAYMENT:
Fedman Suites unit 403 is for sale at 80,000.00 per square meter plus VAT plus titling expenses.
Purchase price is payable in full (cashier's/manager's check) upon signing of the Deed of Absolute Sale.

Fedman Suites unit 403 has two (2) assigned parking spaces on street level (uncovered).

Type of Ownership is Unit Title or Condominium. Fedman Suites is constructed on two parcels of land each measuring 816 square meters, or a total of 1,632 square meters. Unit owners of fedman Suites are co-owners of the parcels of land wherein Fedman Suites is constructed.

FS 403 has high equity on the land, computed as follows:
816.00 Lot 10 Block 2
816.00 Lot 11 Block 2
1,632.00 Total Land Area
455,000.00 BIR Zonal Value
742,560,000.00 Total Land Value
10,653,879.60 0.0143475 Equity of FS 403 on the land

BIR zonal value of Fedman Suites Condominium is 100,000.00 per square meter

FS 403 is on 4th floor of FEDMAN SUITES measuring 118.315 square meters.