Listing ID # 30712
Property Code: D-CEB385
Location: Pelaez Extension, Cebu City
Strategic Proximity: Across University of San Carlos, Near BSP Gate 4.
Property Type: 12-storey Condotel Building (Unfinished / Bare Shell)
Lot Area: 163 sqm
Price: ₱50,000,000
Building Features:
Structure: 12-storey, unfinished / bare shell.
Unit Potential: Designed for 5–6 units per floor.
Amenities: Elevator installed.
Parking: Basement parking for 7 cars, plus 3 front car parks.
Commercial Potential: Ground floor designed with 3 commercial units.
Access: Inner street access for enhanced privacy and security.
Property Highlights:
Strategic Location: Near major universities and commercial hubs, ensuring high demand.
Accessibility: Good accessibility with nearby roads and transport networks.
Development Potential: Ideal for completion as a condotel, rental apartments, or a mixed-use development.
Perfect For:
Developers: Looking to finish construction and operate a high-yield condotel or apartment complex.
Investors: Seeking significant rental income opportunities in a vibrant urban center.
Urban Real Estate Entrepreneurs: Desiring a high-potential project in a rapidly growing city.