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RARE OPPORTUNITY!!! RUSH!!! |
DESCRIPTION
Floor area: 96.5 sqm (75.1 inner + 21.4 sqm Fresco)
Location: Crescent Park Residences bldg, Fort Bonifacio Global City, near future St. Luke's Hospital
Status: Pre-selling
Completion date: June 2010
Price: 12,300,000. Up to 15 years to pay. |
PAYMENT SCHEDULE:
a.) Initial Downpayment: 4,430,712 pesos
b.) 3 Monthly payments of 307,904 pesos from Sept 12 to Nov 12, 2008
c.) Option to pay the balance up to 15 years via Bank Loan (70,446 pesos per month at 9 percent interest)
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WHY THIS IS A GOOD BUY
1. It is a Ground Floor commercial unit! It is ideal for a variety of business such as a restaurant, spa, clinic, retail shop, coffee shop, etc. This is a rare opportunity since ground floor spaces are limited. Great as an investment.
2. The unit is located within Fort Bonifacio which is soon to be another major central business district. The Philippine Stock Exchange, St. Luke's hospital, Shangri-la 6-star hotel, international schools (American, British, Japanese, Chinese), dozens of BPOs, and foreign embassies have either relocated or planning to move to the area within the next 3 years. It has exit points to major highway arteries such as EDSA, C-5, and South Luzon Expressway. Global City is a masterplanned community with underground cabling for electricity (no unsightly electric posts), fiber-optic cables, and its own potable water supply. It is poised to be the most modern and well-planned business and residential district in Metro Manila. I included some recent news articles for your reference.
3. You have a very reliable “developer” for the project in G&W Architects who is already on their 7th building project in Bonifacio Global City. Among their finished projects are the Kensington and Penhurst condos, the Manila Diamond Hotel, Mercedez Benz Showroom, Landmark in Makati, Ever Gotesco malls among others. Please note that it is very rare that reliable developers sell their commercial units. Ayala Land and Megaworld DO NOT sell their ground floor commercial units - they only lease them out. In fact, in the rare instances that ground floor commercial units were up for sale, these were completely sold out on the first day. This was true for Crescent Park Residences units. Take note that Serendra RESIDENTIAL 2-BR condo units are already being sold at 13 Million pesos while you are getting a Ground floor commercial property for a lesser price.
4. By the time the building is completed, the surrounding area will already be full of completed buildings which will be an excellent source of customers and foot traffic. I have provided a map of the area for your reference. Adjacent buildings will be Blue Sapphire Residences (another G&W project), Fort Palm Springs, and Ascendas tower, (a Singaporean BPO office/commercial building). As of today, Bank of Commerce is leasing a bank space in Burgos Circle adjacent to the future location of Crescent Park Residences.
5. Attractive Payment terms. Why rent when you can own one? Prevailing monthly rental rates for a same size commercial unit is around 92,000 pesos while you can own one by paying only a monthly amortization of 70,446 pesos! You save 21,500 pesos per month on rent and you get to own the unit after 15 years! How good a deal is that!
Reason for selling: Need money to build my house
For more details or to schedule an actual site visit, you may contact the owner directly, Anthony, at celphone no. 0917-803-2000 or email agmanthony3@yahoo.com.
Visit My Website: http://magnificatrealestate.blogspot.com/
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