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CUBAO, QUEZON CITY Income-Producing Lot with Redevelopment Potential

Driod Street, Kaunlaran, Cubao, 4th District, Quezon City, Eastern Manila District
295 sqm
16 Dec 2025 - Published by The Potter's Hand Realty & Management Corp.
₱ 40,000,000
Let me know if the price drops
Specifications
Category Apartment
Listing type For Sale
Type of ownership Freehold
Description
FOR SALE: Income-Producing Property with Redevelopment Potential Cubao, Quezon City Address: Driod Street, Cubao, Quezon City Lot Area: 295 sqm Current Structure: Existing 4-door apartment (older structure, income-producing) Current Monthly Rental Income: Php 67,000 Asking Price: Php 40,000,000 Strategically located in the heart of Cubao, this 295 sqm property sits just minutes from Araneta Center, the MRT-3 and LRT-2 stations, major malls, schools, and business hubs, one of Quezon City's most accessible and continuously in-demand residential and commercial corridors. The property currently generates Php 67,000 in monthly rental income from its existing 4-door apartment, giving a buyer immediate cash flow from day one. At the same time, the lot's size, shape, and location make it a strong candidate for redevelopment whether into a modern townhouse project for resale or a mid-rise apartment building for long-term rental income. 295 sqm lot in a high-demand, well-connected Cubao location Existing 4-door apartment generating Php 67,000/month Walking distance to Araneta Center, MRT-3, LRT-2, malls, and schools Ideal for townhouse development (build-and-sell) or mid-rise apartment (rental income) Immediate income while you plan your redevelopment Contact for Site Viewing, Title Documents, and Feasibility Discussion Gina Baldovino, Licensed Real Estate Broker, Appraiser & Consultant PRC License No. REB 000535 Over 30 Years in Practice /
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