4-Storey Income Generating Building for Sale in Malate, Manila (OB1055)


₱41,971 per sqm
About This Property
OB1055 4-Storey Income Generating Building for Sale in Malate, Manila *Quirino Avenue 4-Storey Lot area: 274 sqm Floor area: 1,096 sqm Frontage: 7 meters Garage can fit 3 cars Selling Price: 46M NET *CGT to be shouldered by the buyer *Monthly income: 170K (13 rooms fully Occupied)
Location Insights
This commercial is located in City of Manila.City of Manila is one of the Philippines' most sought-after areas for property investment, offering a mix of lifestyle, accessibility, and value.
Price Analysis
This commercial is listed at ₱46.00M. With a floor area of 1096.00 sqm, this translates to approximately ₱41,971 per sqm — a competitive rate for City of Manila.
Property prices in City of Manila vary based on location, building quality, floor level, and available amenities. Buyers are encouraged to compare nearby listings and consider long-term value appreciation when evaluating this property.
Investment Potential
This commercial in City of Manila presents a solid investment opportunity in the Philippine real estate market. Properties in this segment typically yield rental income of 4%–6% gross annually, depending on occupancy and lease terms.
Based on the asking price of ₱46.00M, comparable rental income for a 1-bedroom commercial in this area is estimated at approximately ₱153,333–₱230,000 per month. Actual returns depend on market conditions and property management.
With 1096.00 sqm of floor area, this property offers practical living space that appeals to both owner-occupiers and investors seeking long-term capital appreciation in the Philippine property market.
* Rental yield estimates are indicative only and based on general market averages. Consult a licensed real estate broker for a formal investment analysis.
Property Details
Your est. payment: ₱345,958/month*
*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.
₱5,060,000
₱1,202,000
Quirino Avenue
Emmanuel Igwebuike Jr. Obiegbu
Real Estate Agent
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