
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.
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.

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