This large family home has 15 bedrooms, all with their own toilets and baths.All the rooms contain air conditioning units. This 5 storey building is strategically located in Cebu City
This large family home has 15 bedrooms, all with their own toilets and baths.All the rooms contain airconditioning units. This 5 storey building is strategically located in Cebu City, has a floor area of 500 square meters and sits on a 203 square meter lot. Eight (8) of the rooms are currently used as a guest house and/or apartelle to accommodate guests over the short, medium or long term. It provides a friendly and suitable alternative to expensive hotels or pension houses.
It is more like a second home and does not have that commercial feel, but rather the ambience of a typical warm, friendly Filipino home.The place is quiet, peaceful, comfortable and clean. The guests are well balanced with the list including foreigners married to Filipino women (25%), Filipinos from abroad (Balikbayans, 25%), local tourists (25%),executives businessmen staying for a few months (25%).There is great potential for further development. The income potential of in excess of Ph 200,000 pesos per month could easily be achievable and maintained.It is about 800 meters from the Waterfront Cebu City Hotel & Casino. It is very near JY Square (a small mall), near Gaisano Country Mall, Montebello Hotel, Ayala Center, Cebu Business Park, and SM City Cebu. Many restaurants along Salinas Drive are near by. It is along a jeepney route, with plenty of public transportation available.This is a wonderful opportunity to obtain both a family residence and an existing business with potential growth in an ideal location & is priced at a fair market value.
Description of the Building
Ground floor:4 bedrooms with own toilets and baths, all with air conditioning 2 maid's driver's rooms with own toilet and bath., lounge area,1 front porch
First floor: 4 bedrooms with own toilets and baths all with air conditioning
Second floor: 1 guest bedroom with own toilet and bath and air conditioning.1 dining area,1 living room,1 kitchen
Third floor: 3 bedrooms all with air conditioning and with own toilets and baths
Fourth floor:1 bedroom with own toilet and bath.Laundry area
Price : To Purchase
The building is for sale for Ph 15,000,000 pesos (Fifteen Million) and favourable in-house terms could be negotiated and arranged to suite all parties
