This commercial corner lot located at Malate, Manila has a total land area of 1,629 square meters and is zoned for commercial use.
The property lies in a high-traffic area surrounded by schools, hospitals, and residential buildings. Its corner location and wide frontage give it high visibility and easy access, making it ideal for future commercial development.
This land is currently leased under a long-term agreement. The buyer will assume the position of lessor and must honor the existing lease contract. This makes the property ideal for investors seeking passive income. Lease terms and details are available upon request, subject to confidentiality.
There are no improvements on the lot. This allows for future redevelopment after the lease period, subject to zoning and planning regulations.
The selling price is PHP 230,000.00 per square meter, on a gross basis. Sellers are open to cash or other terms subject to their approval.
If you are looking to invest in a large, income-generating commercial property in the City of Manila, this is an opportunity worth considering.
Overview
- 1,629.00 m2
- Updated On:
- August 1, 2025
