35

House and lot For Sale in Labangon, Cebu

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Fall in love with this secluded mansion hidden away in an exclusive subdivision, with breathtaking views and only a short drive to Cebu City proper.This well maintained 4-story house and lot, has 6 bedrooms, 4 toilet and bathrooms, a powder room, and room for 3 cars. You get it all, with luxurious living areas that will give you the space to breathe in the spectacular views of the mountains, city and ocean. Imagine waking up to every morning overlooking this tranquil area on one ofthree balconies. Situated in a secure subdivision of Tisa, Labangon, this mansion will provide you the peace and quiet you need to get away from the hustle and bustle of the city, which is only a short 20 minute drive away.Available semi-furnished for P18 Million, inclusive of capital gains tax, and documentary stamp tax (the buyer is responsible for transfer tax).This slice of heaven is available to buy immediately. What are you waiting for?Situated in a secure subdivision of Tisa, Labangon, this mansion will provide you the peace and quiet you need to get away from the hustle and bustle of the city, which is only a short 20 minute drive away.House Specification:- 4 story house and lot-7 Bedroom with powder room- toilet and bath- 3 car garage- amazing views of the mountain- 3 balconies- Lot is 200 sqm plus- Flr. Area 400 plusAvailable semi-furnished for P18 Million, inclusive of capital gains tax, and documentary stamp tax (the buyer is responsible for transfer tax).Contact us now!Rich HingpitHLURB #: CVR-16-0447
Details of the PropertySelling Price: 18M Cash (negotiable)Current area: 338smCurrent purpose: Boarding house with about 18 roomsAverage income: 60-70,000/month passive (caretaker in place)For the future buyer, you have the option to expand this area by 400sm since the back of this property is for sale (no right of way) for a good price. Once you buy this property already, you can resell and realize your gain right away. This was part of my plan before but unfortunately or fortunately, I had to strike on 2 good real estate offers last year and have become cash strapped.This is a high foot traffic area since this is beside Labangon Health Center and the back of DSWS. Original plan is to open a consumer business like an ice cream shop or punko2 kind of business at the front. Something that will cater to the boarders and passersby to maximize the space.Other details of interest:NO WATER PROBLEM here! This property has it's own water source + MCWD that has enough pressure to bring water to 3rd floor roof top tank with the use of a water pump.LESS TRAFFIC area katipunan before crossing salvador-katipunan crossing (traffic na katipunan area going to TISA)Beside Health Center5 meters from basketball courtBack of DSWS building50M from Katipunan Main Road100M from CIT-U by foot100M from Labangon Police / Fire Station150M from Labangon Barangay Hall150M from Labangon Market150M from 7/11250M from Science High School50m From Labangon Elementary School1 ride SM/AYALA3KM from Chung Hua/Fuente Area Only