Commercial for Sale in San Lorenzo, Makati City

Presented by Phil Realty: a commercial property for sale in San Lorenzo, Makati, Metro Manila, offering 118 sqm of floor area. Asking price: PHP 9,465,200. Fedman Suites Building is generally considered a good and highly practical option for small businesses, startups, and budget-conscious tenants. However, it has a reputation as an older property, completed in 1978. Recently, the management/developer completed a major multi-phase re-development and renovation. The interior spaces, elevators, and common areas have been progressively upgraded with modern finishes. The property had also been subject to legal delinquency issues decades ago concerning building maintenance and central facilities. As part of the multi-phase renovation, management addressed and resolved these outstanding issues with relevant government agencies. For Rent Data: 550.00 per square meter per month; Tenant pays VAT, utilities and condominium dues; two month's advance, two month's deposit, and 10 post-dated checks upon signing of lease agreement. Fedman Suites unit 403 has two (2) assigned parking spaces on street level (uncovered). Highlights include 816.00 Lot 10 Block 2; 816.00 Lot 11 Block 2; 1,632.00 Total Land Area; 455,000.00 BIR Zonal Value; 742,560,000.00 Total Land Value; 10,653,879.60 0.0143475 Equity of FS 403 on the land. Amenities and features include Air conditioning, Security, Car park, Elevator, Alarm. Schedule a private viewing with Phil Realty to walk the property and review full documentation.