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Commercial Space For Sale in Marikina, Metro Manila

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Brand New 4-Storey Commercial Building for Sale Parang,Marikina Nr. Katipunan

Parang, Marikina
Good Investment! Income Generating, Brand New 4-Storey Commercial Building for Sale in Parang, Marikina near Ayala Mall Marikina, Marikina Heights, Sta. Lucia Mall, Ateneo De Manila, Katipunan Code : DS882921 Category : For Sale Project : Commercial Building City : Parang, Marikina City Size : LA : 700 sqm FA : 1,915 sqm Parking : 10 Car Garage Selling Price : Php 130,000,000.00 Gross Details of the Property: • Clean title • With Monthly income • Along main road • Facing North West • Located in a highly commercialized area This 4-Storey commercial building is strategically located in Parang, Marikina City, It is very accessible to transport hubs, malls, restaurants, banks, churches, and other commercial establishments. Investing in this property can generate great benefits 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. 6. Reliable tenants – we have all heard stories of “horror tenants” in houses and apartments. Tenants of commercial properties, on the other hand, are earning their income from the property. Therefore, it is in their interests to keep the property in good order and to maintain good relations with the landlord. 7. Diversification – commercial property investment can provide diversification across different asset classes and geographic locations, allowing the investor to add further elements of diversification into their portfolio. By diversifying their portfolio and investing in a variety of commercial assets, from retail to industrial, investors are also protecting their income and managing risk in the event of an economic downturn. 8. Ability to collectively invest – the ability to own commercial property within investment structures, such as property managed investment trusts, allows investors to hold part of a larger asset and to benefit from professional management of both the asset and the investment vehicle, which will also be subject to annual audit. We are Your Partner in Real Estate Experience Results with Top Realty on our contact details below: JACKSON LIM JR. Licensed Real Estate Broker - PRC#0005478 Top Realty Corporation
₱ 130,000,000
1915 m²
Floor Area

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