Lot / Land For Sale in Mother Ignacia Avenue

Panay Avenue Commercial Lot for Sale
Ideal for High Rise Building

• 1,500 sq. m. lot / land - $2,012,200 USD - P82.5M or P55t/sqm

 -  Ideal for high rise condo/office building.
The property is located in an area where land development is for mixed high rise residential condominium and commercial purposes. Generally, the streets in the neighborhood are designed to carry light to heavy vehicular and pedestrian traffic loads. Major thoroughfares are concreted, with widths ranging from 20 to 30 meters and with street lights.
Considered as some of the important improvements in the vicinity are:
M-Place South Triangle Tower, Future Point Plaza 1 and 2, The New Camelot Hotel, Gerardo’s Rest Bar, Tide Bar and Grill, Oasis Bar and Grill, Sangkalan Bar and Grill Restaurant, ABS-CBN Studio Compound, Kenny Rogers Restaurant,
Union Bank of the Philippines, National Books Store and Crossing Department Store, Puregold Jr., Mercury Drug Store


This is a two (2)-storey, concrete-framed building with concrete hollow block of plastered cement, and partly pebble washed-out and adobe stone finish and s-cut wood walls, corrugated galvanized iron sheet roofing, ceramic tile finish on concrete ground floor and T&G wood and ceramic tile finishes at second floor, plywood ceiling, concrete hollow block of plastered cement finish and double wall plywood partition, glass jalousie and steel casement with glass panes windows, and wood panel and plywood flush-type doors. The building is painted and provided with electrical lighting and plumbing facilities. Total floor area is distributed as under:
Main Floor - 393 sq.m.
Garage - 50 sq.m
Total floor area - 443 sq.m.

Economic Life: 35 years
Estimated Remaining Life: 10 years


Property information


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