Property ID : 14393
Sold [SOLD] - Commercial, Income Properties, Investments
Commercial Investment Property for Sale
This commercial investment property for sale is located right on the main national highway at the turn off to the Malatapay port in Zamboanguita. Buildings have been constructed and property has been fenced on each side and the back, front is open with the commercial spaces for rent. There are several stalls, all are rented. At the back are some rooms for backpackers to rent. As the property sits currently, it is a turnkey operation that will immediately provide a respectable return on investment , but with a little more capital investment made, and proper management, this property can generate a higher ROI in the neighborhood of 15-20%. Being located right at the staging point for Apo Island tours, the most popular tourist attraction on the isloand of Negros, this location is in high demand. The possibilities are endless, such as a tourist gift shop, dive shop, and/or an expansion of the backpackers accommodations.
Commercial Investment Property for Sale Details:
- Area: approx. 1,600 sqm
- Location: Malatapay, Zamboanguita
- Price: 8,500,000.00