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884.9 SQM Whole Floor Office for Sale at 88 Corporate Center (photo 1 of 3)
For Sale
Office · Sedeño Street, Salcedo Village, Bel-Air, District I, Makati, Southern Manila District

884.9 SQM Whole Floor Office for Sale at 88 Corporate Center

₱145,000,000₱164,027/sqm
884 sqm
Floor Area
12
Parking

About this property

88 CORPORATE CENTER MAKATI- 8 adjacent Commercial Office Units for SALE- Whole Floor (Mid-rise); Floor Area- 884.9 sqm; Twelve (12) Parking Slots containing a floor area of 144 sqm. Price: Php 145,000,000 (net to owner); GOOD BUY! Open to Leaseback arrangement between Seller & Buyer Corporate Center, a 30-storey Grade B office building established in 1996, is located at 141 Valero Street corner Sedeño Street in Salcedo Village, Makati City. The building is managed by Century Properties Management, Inc. (CPMI), the property management arm of the Century Properties Group. It is a popular, multi-tenanted commercial center. Details Garage Alarm Fire alarm Air conditioning Partly furnished Lift 24 hours security

Highlights

    Investment Analysis

    Investment Calculator

    Cap Rate
    5.13%
    Cash-on-Cash
    -6.32%
    Net Operating Income
    ₱7,438,500/yr
    Monthly Loan Payment
    ₱848,987
    Annual Cash Flow
    ₱-2,749,340/yr
    Down Payment
    ₱43,500,000
    Principal Paid (yr 1)
    ₱2,067,840/yr
    All-Cash Yield
    5.13%
    Total year-1 return (cash flow + principal repaid)
    ₱-681,500/yr (-1.57% on cash in)
    Why the cash flow is negative

    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.

    Location

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