Details of the Property
Selling Price: 18M Cash (negotiable)
Current area: 338sm
Current purpose: Boarding house with about 18 rooms
Average 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 Center
5 meters from basketball court
Back of DSWS building
50M from Katipunan Main Road
100M from CIT-U by foot
100M from Labangon Police / Fire Station
150M from Labangon Barangay Hall
150M from Labangon Market
150M from 7/11
250M from Science High School
50m From Labangon Elementary School
1 ride SM/AYALA
3KM from Chung Hua/Fuente Area Only
Back of DSWS Building Katipunan, Labangon