Office for Sale or Rent in The Glaston Tower, Ugong, Metro Manila
Ugong, Metro Manila
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Income-Generating Office Units / Floors for Sale in Ortigas
Metro Manila, Pasig, San Antonio
Sale: ₱ 65,000,000
Full description
Listing ID: 019bd3dd-ae2c-752d-906c-2b9ff2dda911
Office for sale in San Antonio, Metro Manila near MRT-3 Ortigas
The office is located at the Tektite Towers, comprising two adjacent units, both tenanted for 3 years, renewable.
One unit measures 276 square meters leased at P138,000 per month excluding taxes for a total of P4,968,000.for 3 years before taxes, with option to renew for two (2) more years at P179,400/month excluding taxes for a total of P4,305,600 before taxes for (two) years.
The other unit measures 170 square meters which is leased at P97,000/month inclusive two (2) parking spaces for a total of P3,492,000 for three (3) years before taxes, with option to renew for another 2-3 years.
Total floor area therefore is 446 square meters.
The properties are being sold together and priced at Zonal Value (ZV) only. Unit ZV is P14,100/square meter for the office unit while ZV for parking each measuring 12.5 sqm is
P98, 700/ square meter. Please see the attached zonal valuation by the local government of Pasig City effective June 6, 2023.
Sale price is subject to Evat and withholding tax.
CASH SALE
Seller will reinvest the proceeds of sale on prime properties in Makati.
One unit measures 276 square meters leased at P138,000 per month excluding taxes for a total of P4,968,000.for 3 years before taxes, with option to renew for two (2) more years at P179,400/month excluding taxes for a total of P4,305,600 before taxes for (two) years.
The other unit measures 170 square meters which is leased at P97,000/month inclusive two (2) parking spaces for a total of P3,492,000 for three (3) years before taxes, with option to renew for another 2-3 years.
Total floor area therefore is 446 square meters.
The properties are being sold together and priced at Zonal Value (ZV) only. Unit ZV is P14,100/square meter for the office unit while ZV for parking each measuring 12.5 sqm is
P98, 700/ square meter. Please see the attached zonal valuation by the local government of Pasig City effective June 6, 2023.
Sale price is subject to Evat and withholding tax.
CASH SALE
Seller will reinvest the proceeds of sale on prime properties in Makati.
Telephone number:
Floor plans
