Industrial/Commercial property Lot for Sale with old house in Caloocan City
Metro Manila, Caloocan, Barangay 137
Sale: ₱ 52,986,700
Full description
Listing ID: DS883405
House for sale in Barangay 137, Metro Manila
Code : DS883405
Category : For Sale
Project : Industrial/Commercial Property
City : Caloocan City
Size : 407.59 sqm
Price per Sqm: Php 130,000.00
Selling Price : Php 52,986,700.00 Gross
Property Description:
- Currently tagged as residential but neighbours are already using it for industrial/commercial purposes
- 5 mins. away from NLEX Balintawak
Caloocan City is the fourth most populous highly urbanized city in the country next to Quezon City, City of Manila and Davao City, according to data from the Philippine Statistics Authority. There are also lots of businesses, malls, hospitals, universities, major infrastructures and other attractions that thrive in the area to serve the needs of the residents.
Known as a gateway to the north, Caloocan City is linked to other places in the metro through transport infrastructures or a network of roads such as Edsa, which starts at Monumento. Victory Liner Inc., one of the largest provincial bus companies in the country, also has its head office and a terminal in Rizal Avenue Extension, Caloocan. The Balintawak Toll Plaza of North Luzon Expressway (NLEX) is also found in this city.
Invest in Caloocan and reap the benefits of the economic boom and business-friendly environment of one of the richest cities in the Philippines.
WHY COMMERCIAL PROPERTY IS A GOOD INVESTMENT?
1. Higher income yields – commercial properties generally show a greater level of income for a given property value, when compared to residential property.
2. Capital growth potential is based on income growth potential and other measurable factors
– commercial properties are often valued on the basis of the potential (and actual) rental return being achieved. Other relevant factors include economic activity, interest rates, and the commercial success of the area surrounding the property.
3. Stability and consistency of income – longer leases. Whilst residential properties are typically held on short leases (often 12 months), commercial properties typically attract longer lease terms between three and 10 years, providing consistent and predictable income streams over time.
4. Income growth – the longer leases of commercial properties usually allow for the rent to increase in every year of the lease, thus increasing the return on investment as the lease progresses.
5. Maintenance – unlike residential investors, commercial investors have the potential to earn enhanced profit, with the lessee responsible for paying the cost of maintenance, rates and repairs on the property when the ongoing expenses are written into the commercial lease agreement.
If you’re interested in BUYING this property or wish to SELL a property, don't hesitate to contact us:
Bien Singson
Mobile Number: +63917--681--11----
Viber/WhatsApp/Wechat: +63917--681--11----
Landline Number: 02--7503--83----
Licensed Real Estate Broker
PRC#0005179
Email: [email protected] ;
Website: www.toprealty.co----
Category : For Sale
Project : Industrial/Commercial Property
City : Caloocan City
Size : 407.59 sqm
Price per Sqm: Php 130,000.00
Selling Price : Php 52,986,700.00 Gross
Property Description:
- Currently tagged as residential but neighbours are already using it for industrial/commercial purposes
- 5 mins. away from NLEX Balintawak
Caloocan City is the fourth most populous highly urbanized city in the country next to Quezon City, City of Manila and Davao City, according to data from the Philippine Statistics Authority. There are also lots of businesses, malls, hospitals, universities, major infrastructures and other attractions that thrive in the area to serve the needs of the residents.
Known as a gateway to the north, Caloocan City is linked to other places in the metro through transport infrastructures or a network of roads such as Edsa, which starts at Monumento. Victory Liner Inc., one of the largest provincial bus companies in the country, also has its head office and a terminal in Rizal Avenue Extension, Caloocan. The Balintawak Toll Plaza of North Luzon Expressway (NLEX) is also found in this city.
Invest in Caloocan and reap the benefits of the economic boom and business-friendly environment of one of the richest cities in the Philippines.
WHY COMMERCIAL PROPERTY IS A GOOD INVESTMENT?
1. Higher income yields – commercial properties generally show a greater level of income for a given property value, when compared to residential property.
2. Capital growth potential is based on income growth potential and other measurable factors
– commercial properties are often valued on the basis of the potential (and actual) rental return being achieved. Other relevant factors include economic activity, interest rates, and the commercial success of the area surrounding the property.
3. Stability and consistency of income – longer leases. Whilst residential properties are typically held on short leases (often 12 months), commercial properties typically attract longer lease terms between three and 10 years, providing consistent and predictable income streams over time.
4. Income growth – the longer leases of commercial properties usually allow for the rent to increase in every year of the lease, thus increasing the return on investment as the lease progresses.
5. Maintenance – unlike residential investors, commercial investors have the potential to earn enhanced profit, with the lessee responsible for paying the cost of maintenance, rates and repairs on the property when the ongoing expenses are written into the commercial lease agreement.
If you’re interested in BUYING this property or wish to SELL a property, don't hesitate to contact us:
Bien Singson
Mobile Number: +63917--681--11----
Viber/WhatsApp/Wechat: +63917--681--11----
Landline Number: 02--7503--83----
Licensed Real Estate Broker
PRC#0005179
Email: [email protected] ;
Website: www.toprealty.co----
Key features
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Usable area: 407.59 m2
