Commercial Lot for Lease in Bel-Air Village, Makati City

Located in the prestigious Bel-Air Village, Makati City, this prime 604 sqm commercial lot is now available for long-term lease.

Lot Area: 604 sqm
Status: Vacant lot

Terms:
– Lessee to construct a 6-storey building with basement
– Lease term: 15 years
– Annual escalation: 10%
– 12 months security deposit
– 3 months advance rental
– Association dues and real property tax on improvements to be shouldered by the lessee
– Real property tax on land for the account of the lessor
– Ownership of the building reverts to the lessor after lease term

Monthly Lease Price: ₱550,000 (exclusive of VAT)