
A ten-storey office building for sale on Makati Avenue in Bel-Air, with approximately 4,908 sqm of floor area on a 286.9 sqm lot. The building includes a basement and roof deck and comes with 20 parking slots, and it is offered semi-furnished with a clean title. Makati Avenue frontage is the point here: continuous traffic, high visibility, and walking distance to both the Ayala CBD and Poblacion. A building of this size on this street suits an owner-occupier who wants to consolidate several floors, or an investor buying a multi-tenant income asset. Asking ₱225,000,000 net, negotiable.
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.

Makati Avenue, Poblacion, District I, Makati, Southern Manila District

Chino Roces Avenue, Tejeros, District I, Makati, Southern Manila District

Ayala Avenue, Salcedo Village, Bel-Air, District I, Makati, Southern Manila District