Dilapidated House few steps Near Kalayaan Ave. & 8th Ave. BGC

🏠 Real Estate Property Overview
Lot Area: 198 sqm
Floor Area: Approximately 160 sqm
Property Status: Single-storey dilapidated bungalow house with existing tenants
Zoning Classification: LDRDZ – Taguig City Zoning
Lot Orientation: East-facing. Cooler afternoons with good morning sunlight
Lot Shape: To be confirmed
Lot Dimension: Frontage to be confirmed upon site inspection

🏠 Property Description
This dilapidated bungalow house is located in a prime residential area approximately 500 meters from the 8th Avenue Kalayaan Gate of BGC.
An on-site ocular inspection is highly encouraged. Assistance can be arranged upon request.
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🏗 Best Suited For
✅ Hostel or mini-hotel development
Strong demand due to proximity to BGC and major access roads.
✅ Dormitory with ground-floor commercial shops
Corner exposure allows efficient layout and added retail income.
✅ Redevelopment into a multi-storey apartment or residential building
Viable for higher-density use, subject to zoning and design compliance.

⚖️ Pros and Cons
✅ PROS
Approximately 30 meters from Kalayaan Avenue, providing excellent accessibility
Easy access to public transportation going to BGC and Makati CBD
Walking distance to the BGC 8th Avenue Gate (approximately 500 meters)
About 600 meters from Uptown Mall and Mitsukoshi Mall
Near the future BGC Subway Station, improving long-term connectivity
Close to daily essentials such as eateries, drugstores, and fast-food chains including Jollibee and Pizza Hut
Corner lot, ideal for maximizing layout efficiency, access, and ventilation for dormitory or hostel use
⚠️ CONS
Adjacent to a creek, which may experience water buildup during heavy rains; proper drainage and elevation design are required
Kalayaan Avenue is elevated relative to the property, which some buyers may consider unfavorable from a feng shui perspective.

📍 Location & Vicinity Highlights
* Barangay South Cembo – a mix of residential homes, apartments, and small businesses
* Access & Transport:
* Accessible via jeepneys, tricycles, and other public transport
* Quick routes to Makati, BGC, and Taguig city centers
* Nearby Establishments:
* BGC (Bonifacio Global City): Just a short walk away (~550 meters to Uptown Mall & Mitsokoshi Mall)
* Also walking Distance to proposed Subway Station located in BGC 38th street cor. 11th Ave. maps.app.goo.gl/MFYApPDifmiQwe6Q7
* Small local shops, eateries, and food establishments within walking distance
* Schools, health centers, and community facilities in the area
* Community Atmosphere:
* Family-friendly neighborhood with strong community ties
* Mix of residential and leased properties

📈 Investment & Development Potential
* Proximity to BGC: Walking distance to Kalayaan Ave. & 8th Ave. – high rental demand for students, employees, and professionals
* Income-Generating: Currently tenanted with ongoing rental income
* Redevelopment Ready: Ideal for multi-storey residential or mixed-use projects catering to BGC workforce and residents
* Affordable Entry Point: Competitive pricing compared to other BGC fringe properties

💰 Price & Other Fees:
* Purchase Price: ₱14,000,000 (Gross)
* Price per sqm: ₱70,707/sqm (Best Deal, below market price)
* Terms: Cash Only
📩 Interested buyers may submit a formal price offer addressed to the Seller.

Standard Buyer’s Expenses:
* Documentary Stamp Tax (BIR)
* Transfer Tax – City Treasurer’s Office
* Registration Fee – Registry of Deeds
⚠️ Note: Price and fees subject to change without prior notice.

INTERESTED? CONTACT US
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