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24-Hour Accessible Office Space for Lease Along Ayala Avenue
For Lease
Office · Ayala Avenue, Salcedo Village, Bel-Air, District I, Makati, Southern Manila District

24-Hour Accessible Office Space for Lease Along Ayala Avenue

₱394,848/mo₱900/sqm/mo
438.72 sqm
Floor Area
2
Parking

About this property

A 438.72 sqm Grade A office for lease on Ayala Avenue in Salcedo Village, handed over semi-fitted with carpeted floors, a meeting room and a wet pantry already in place. That condition shortens your fit-out to weeks rather than months. The building runs 24/7 with full emergency backup power and multiple telco providers on site, and it is PEZA accredited, which matters if your business qualifies for incentives. Two parking slots are allocated. A practical choice for an outsourcing or shared services team that needs a prime Makati address and cannot afford downtime.

Highlights

    Investment Analysis

    Investment Calculator

    Cap Rate
    5.70%
    Cash-on-Cash
    -4.42%
    Net Operating Income
    ₱3,375,950/yr
    Monthly Loan Payment
    ₱346,780
    Annual Cash Flow
    ₱-785,410/yr
    Down Payment
    ₱17,768,160
    Principal Paid (yr 1)
    ₱844,637/yr
    All-Cash Yield
    5.70%
    Total year-1 return (cash flow + principal repaid)
    ₱59,227/yr (0.33% on cash in)
    Why the cash flow is negative

    The property yields 5.70% 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 5.70%.

    Estimates only — for illustration, not financial advice. Adjust the inputs to model your own scenario.

    Location

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