21

Marikina, Metro Manila Lot For Rent

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Ma. Theresa Katindoy
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Big Commercial Lot for Sale in QC! ,Blue Ridge A, Katipunan, C5 Rd. Nr. Eastwood

2.4km
Katipunan, Quezon City
Code : DS883472 Category : For Sale Project : Blue Ridge A City : Katipunan, Quezon City Unit : Commercial Lot Size : 1,075.5 sqm Price per sqm : Php 200,000.00 Selling Price : Php 215,000,000.00 NET Details of the Property: • With old house • Clean title • Corner Lot • Frontage facing C5 Katipunan This property is located within Blue Ridge A, Quezon City –a highly commercialized area bordered by C5, Katipunan, It runs in a north–south direction from the University of the Philippines Diliman, intersecting with Tandang Sora Avenue at its northernmost point, down to the Manila Philippines Temple of The Church of Jesus Christ of Latter-day Saints, intersecting with White Plains Avenue at its southernmost point. Quezon City it is home to many government offices, including the House of Representatives, the lower chamber of the Congress of the Philippines. It is also the location of two of the most prominent universities of the nation—the University of the Philippines in Diliman, which is the national university, and the Ateneo de Manila University. It is where the country’s major broadcasting networks are headquartered, like ABS-CBN, GMA, Net 25, PTV, and IBC. It is where Eastwood City can be found, a flourishing commercial and residential development. WHY COMMERCIAL PROPERTY IS A GOOD INVESTMENT? 1. Higher income yields – commercial properties generally show a greater level of income for a given property value, when compared to residential property. 2. Capital growth potential is based on income growth potential and other measurable factors – commercial properties are often valued on the basis of the potential (and actual) rental return being achieved. Other relevant factors include economic activity, interest rates, and the commercial success of the area surrounding the property. 3. Stability and consistency of income – longer leases. Whilst residential properties are typically held on short leases (often 12 months), commercial properties typically attract longer lease terms between three and 10 years, providing consistent and predictable income streams over time. 4. Income growth – the longer leases of commercial properties usually allow for the rent to increase in every year of the lease, thus increasing the return on investment as the lease progresses. 5. Maintenance – unlike residential investors, commercial investors have the potential to earn enhanced profit, with the lessee responsible for paying the cost of maintenance, rates and repairs on the property when the ongoing expenses are written into the commercial lease agreement. 6. Reliable tenants – we have all heard stories of “horror tenants” in houses and apartments. Tenants of commercial properties, on the other hand, are earning their income from the property. Therefore, it is in their interests to keep the property in good order and to maintain good relations with the landlord. 7. Diversification – commercial property investment can provide diversification across different asset classes and geographic locations, allowing the investor to add further elements of diversification into their portfolio. By diversifying their portfolio and investing in a variety of commercial assets, from retail to industrial, investors are also protecting their income and managing risk in the event of an economic downturn. 8. Ability to collectively invest – the ability to own commercial property within investment structures, such as property managed investment trusts, allows investors to hold part of a larger asset and to benefit from professional management of both the asset and the investment vehicle, which will also be subject to annual audit. If you’re interested in BUYING this property or wish to SELL a property, don't hesitate to contact us: Bien Singson-Lim Licensed Real Estate Broker - PRC#0005179 Top Realty Corporation
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1075 m²
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Marikina: The Perennial Green City

Situated along the eastern border of Metro Manila, Marikina is a lush valley, bounded by mountain ranges and was founded 300 years ago. It was then called Barrio Jesus dela Peña (Jesus of the Rocks), in honor of the infant child Jesus. The town eventually changed its name to “Marikina” as per order of the first Philippine commissioner, Dr. Trinidad Pardo de Tavera.

 

Flourishing Shoe Industry

It is hard not to think of shoes whenever one talks about Marikina. Known as the “Shoe Capital of the Philippines, “ the city produces the finest quality of shoes and the best variety of export-quality footwear. The shoe industry in the city is thriving, with a number of notable shoe artisans producing world-class remarkable designs for the market every year.

 

Marikina even carved its name in the Guinness Book of World Records when shoemakers in the city joined forces to create the world’s largest pair of shoes, which can be seen inside Riverbanks Mall in Riverbanks Center.

 

Notable Landmarks

Located 21 kilometers east of the capital, Manila, Marikina is a progressive but laidback urban city. Among its many landmarks include Marikina Sports Park, Marikina Hotel, Marquinton Place, Loyola Memorial Park and Riverbanks Center. Some key shopping and retail centers in Metro Manila such as Sta. Lucia East Grand Mall, SM City Marikina and Robinsons Place Metro East are located in or near the city. Being the “Shoe Capital of the Philippines, Marikina has the Shoe Museum, which houses the famous shoe collection of the former First Lady Imelda Marcos.

 

Academic Institutions

Marikina hosts several reputable academic institutions. Primary and secondary schools in the city include Marikina Science High School, Saint Scholastica’s Academy and Marist School. Those offering tertiary-level education include Pamantasan ng Lungsod ng Marikina, Marikina Institute of Science and Technology, AMA Computer University, STI College, Roosevelt College, National Christian College and Our Lady of Perpetual Succor College (OLOPS), while the Cottage Industry Technology Center (CITC), an attached agency of the Department of Trade and Industry (DTI), provides training opportunities for cottage and small-scale industries. 

 

Cycling Community

Many Marikina residents ride bicycles not only for recreation but also to travel for different places in the city. Cycling is regarded as an inexpensive and healthy alternative form of transportation that contributes to a more ethical and sustainable way of living. The City Government of Marikina built several bike lanes, bike parking facilities, and biking routes to encourage commuters to use bicycle rather than taking traditional motorized modes of transportation.

 

Recent Developments

Two Ayala malls are scheduled to open in Marikina. The mall in Marikina Heights has 13,000 square meters of space. The other Ayala mall, the 79,000-sqm Ayala Malls Feliz, is located along Marcos Highway. 

 

Lots for Rent in Marikina

A progressive and dynamic city, Marikina is definitely the perfect place to start an enterprise. Looking for a lot for lease in Marikina is easy. An elevated vacant commercial lot in Marikina Heights is available and up for negotiation. It is a flood-free area and an ideal space to build a warehouse, tiangge store, auto shop, grocery or food establishment.