A block of fresh apartments just off the main road right in the middle of the booming Cebu tri-city area. Plenty of yield and plenty of upside. If you’re looking for a solid investment play, this is it.
240 Square Meter Lot Area
306.34 Square Meter Total Floor Area
1x 3 Bedroom Apartment
2x 2 Bedroom Apartment
1x 1 Bedroom Apartment
4 Car Port
All Apartments with 1 Bathroom or 2 bathroom
Open Plan Living Areas
All Apartments have Rear Access and Laundry space
Freshly Built and Never Occupied
Full and clean documentation
This block of 4 apartments, for sale as a single lot, is an absolutely solid investment with a high amount of upside.
Located just 150 meters off a major arterial road in AS Fortuna, with clear access it’s just 7 minutes away from J Center Mall, 15 minutes away from IT Park and 20 minutes away from Cebu City Proper, Mabolo, Ayala Mall and SM City, an ideal location. At a time when capitalization rates are being continually compressed it’s difficult to find a solidly yielding investment without sacrificing too much risk, this is also in an ideal spot.
On the horizon, Subangdaku has been planned to become the new city center over the next decade, this is perfectly located to capitalize that upside. The BPO boom in IT Park has pushed rental demand further out of the Cebu City area and it’s reflected in the near full occupancy levels here, as well.
Unfurnished these apartments can be comfortably rented for a combined P66,000 per month. Furnished that figure rises up to a combined P80,000 per month.
Already a solid investment opportunity with plenty of upside, at P 11,000,000.00 it presents excellent value as well.
For more information or to discuss this investment opportunity contact us.