Khan Commercial Arcade Sibulan Dumaguete City Negros Oriental FOR SALE



Total area Square meter = 15,500 ( Fifteen Thousand and Five Hundred Square Metres)

Building 1 = Floor Area 600 Sq Meter ( total of 8 shops )

Building 2= Floor Area 450 Sq Meter ( total of 6 shops )

Total monthly income of PHP 210,000 from 2 building shops rental

Both the Buildings is 7 years old from Purchase of Khan in year 2005

Monthly utilities of common area = water and electricity expense is Pesos 9,000 per month only
Yearly property tax is approximately Pesos 55,000
Rental income have 3% Bir tax monthly

As i mentioned the total area is 15,500 square Metres and out of the total area 1,050 square meter is occupied by 2 buildings
and the rest of the AREA is Empty LOT.

Selling price is PESOS 2,950 per square meter including the 2 buildings developed and undeveloped area,  final price not negotiable.

Main selling points:

  • 5 minutes by Car to the Sibulan Dumaguete Domestic Airport
  • 10 minutes by car to the Dumaguete main City
  • On a main high way
  • All the property is Commercial
  • Clean Title, One Owner free from Mortgage
  • Empty lot area can be used for so many purposes such as Sub division apartment style, hotel, resort, shops or shopping mall

Good value for money, Owner is Canadian Filipino wants to sell this property immediately

Actual Pictures



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