Lot Area: 1200(sqm)
Location: Near City Proper
Address: Near SM Mall
Price: PHP 6,600,000
A contiguous 1200 square meter vacant lot near city proper is becoming rare these days in Davao City. The owner of this property, who is based in the US, decided to sell it for only 5500 per square meters which is way below than the prevailing market price of 8000 per square meters. So I can tell you this property is a rare gem, a solid investment with huge potential returns in the future. Both ends are facing the streets with dimension 20 meters on the street side and 60 meters on the longer side . Highest and best use of this property which is located in a subdivision is town house development. There are no deed of restrictions in this location so you may build 15 units of townhouse facing each other bringing the total number of townhouse units to maximum of 30 . Can you imagine the returns of your investment? Demand for townhouses is huge in this area considering its proximity to SM, Ateneo de Davao University, Times Beach, The Matina townsquare. City proper is just 5 minutes away Title is clean. Please fill out the submission form for a site visit schedule. We are duly authorized by the owner to market this property.
Price : Php 6,600,000
PHOTO GALLERY
Interested with this property? E-mail us at dvorealestate@gmail.com or fill-up the form below (please insert correct e-mail address)
