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
/
Do you have a problem with this property?
If this ad has incorrect or suspicious information, please let us know so we can review it.
Report a problem
Location
Driod Street, Kaunlaran, Cubao, 4th District, Quezon City, Eastern Manila District
All done! We've sent your message to the publisher
Or contact the agent via
Are you interested in this property?
Contact
Publishers with the exclusive Premium badge have the backing of Lamudi. This publisher has been listing on the portal since , demonstrating professionalism and commitment in the real estate market.