Pasig Commercial Property For Sale/Rent (PAS-D1-0002) Lot Area: 1,456 sqm Type: Lot with Improvements (Classification in its Tax Declaration is Residential, No VAT) Frontage: 25.5 meters Rent/Sale: For Rent or Sale Additional Property Information - Along the main road - High foot and vehicular traffic - Near schools and condominiums - Accessible through Rosario and C-5 - Property's classification is R3. Basic R3 is 3 storeys, maximum up to 12 storeys high building. Ground floor can be for commercial use. Business' can build 3 storeys since the lot is bigger (1500 sqm, actual size). Payment of Taxes and Incidental Fees Sharing Between the Buyer and Seller; ***CWT/CGT, VAT, Documentary Stamp Tax, Transfer Tax, Registration Fee, IT Fee are for the account of the Buyer Highest and Best Use Residential Building/Condo - The area is also known to residential units and spaces for people working in Pasig and Ortigas. It is also near the public transportation. A building that will have units to lease as residential is a good business to have for this lot. Commercial Building/Establishment - A business or company can lease or buy this commercial lot and construct their own establishment. It is ideal for a supermarket or convenience store, as there's no other existing competition within the area. Food businesses are also ideal as it is being surrounded by residential establishments and nearby schools. Rental Terms Monthly Rental Rate: P350/sqm + VAT Payment Terms: 3 months deposit + 3 months advance + PDCs Lease Term: Minimum of 5 years, 10% escalation on year 2 Selling Terms Selling Price: P100,000/sqm Net of Taxes Payment Terms: Cash (negotiable) Direct message me TODAY! INQUIRE NOW for ocular schedules. Thanks!