209 SQM PEZA Office for Sale on San Miguel Avenue, Pasig
About this property
Looking for a PEZA-approved office space for sale in Ortigas Center, Pasig City? This 209 sqm office on San Miguel Avenue is perfect for BPOs, corporate offices, or investors looking for a prestigious business address in one of Metro Manila’s top commercial districts. Key Features: Size: 209 sqm – spacious layout ideal for workstations, private offices, and meeting rooms. Condition: As-is, where-is handover – includes partitions, ceiling, lighting, and fire sprinkler system. AC System: Equipped with a VRF (Variable Refrigerant Flow) air conditioning system for energy efficiency and comfort. PEZA Accredited: Enjoy tax incentives and other business benefits in this PEZA-compliant office space. Location: Prime spot on San Miguel Avenue, Ortigas Center – providing easy access to major transportation hubs, shopping malls, restaurants, banks, and other key commercial establishments. Pricing: Indicative Price: Php 150,000 per sqm (~Php 31,350,000 total) – an excellent value for a PEZA-compliant office in the highly sought-after Ortigas Center. Why Choose This Office Space? Strategic Location: Situated in Ortigas Center, Pasig – one of Metro Manila’s most prestigious and accessible business districts, with quick access to Makati, Quezon City, Taguig, and Manila via key roads like EDSA and C5. Ideal for BPOs and Investors: Perfect for businesses looking to expand in the area, or for investors seeking high-yield commercial property. PEZA Accreditation: Benefit from tax incentives and other advantages of being located in a PEZA-accredited building. Ready for Immediate Use: The office space comes with partitions and other essential features, reducing your fit-out costs and minimizing downtime.
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The property yields 5.13% but the loan costs 8%. Borrowing above the yield pulls cash flow down, which is normal for prime assets bought for location and long-term value rather than immediate income. Raise the down payment, lengthen the term, negotiate the price, or achieve a higher rent to close the gap. A cash purchase returns the full 5.13%.
Estimates only — for illustration, not financial advice. Adjust the inputs to model your own scenario.
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