Commercial and Office Building for Sale in Ortigas, Pasig
About this property
ONE CORPORSTE CENTER, J. Vargas corner Meralco Avenue, Ortigas Center, Pasig City. This is a PEZA accredited building. Description: * A 54 storey office and commercial building * 100% back up/standby generator for use in time of power interruption * Individual Meralco Metering for each unit Elevators: Fourteen (14) computerized high speed passenger elevators with elegant interiors, serving office floors. Seven (7) each for low zone & high zone and commercial floors. Two (2) separate passenger elevators serving basement parking floors to ground floor lobby One (1) transfer elevator serving penthouse 3 One (1) service elevator serving all floors Total of Eighteen (18) elevators to serve you better. Amenities: Food Court Executive Dining/Restaurant Function rooms with audio-visual facilities Coffee shop Floor Areas of: 2,026.92 Sqm. 787.00 Sqm. 599.00 Sqm. 265.32 Sqm. 253.72 Sqm 180.92 Sqm. Ground Floor to 7th Floor - Commercial Office Floors Typical 12 Units in One Floor Office Association Dues: 80.00/Sqm - 24/7 operation 55.00/Sqm - regular operation Terms and Condition: Lease: 3 Years minimum contract 3 Months security deposit 3 Months advance rental, applicable on the last 3 months of the contract period Post dated Checks to be issued for the succeeding monthly rental SALE: Php 242,000.00/ Sqm VAT Inclusive Terms: 30% Down Payment 70% Full Balance, Payable in 36 equal Monthly installment NO INTEREST 5% Discount for Cash basis
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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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