Income-Generating Commercial Lot For Sale – Sambag 1 Cebu

  • Php60,000,000.00

Description

Income-Generating Property For Sale in Sambag 1, Urgello, Cebu City
Located just a few steps from Southwestern University, this fully titled 537 sqm property offers a rare opportunity for investors seeking steady rental income in a prime area of Cebu City.

Property Overview:

  • Total Lot Area: 537 sqm (Titled)

Apartment 1:

  • 5-door apartment units on the 1st and 2nd floors
  • 9 rental rooms on the 3rd floor
  • 4-bedroom unit on the 4th floor, ideal for a large family

Apartment 2:

  • 12 rental rooms

Additional Features:

  • Parking area that can accommodate up to 5 cars and multiple motorcycles
  • Prime location, walking distance to Southwestern University – highly attractive to students, families, and working professionals

Selling Price: ₱60,000,000

  • Terms: 60% down payment, 40% payable over 12 months with post-dated checks
  • Taxes and Fees: Seller will shoulder Capital Gains Tax; Buyer to pay other applicable taxes and fees

This property is a high-yield investment with strong rental potential in one of Cebu City’s busiest academic and residential districts.

Contact Prestiq today to learn more or to schedule a site viewing.

Details

StatusFor Sale
TypeCommercial Lot
Property IDCMS-37

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