Warehouse for Sale Along West Service Road, Paranaque City
About this property
Warehouse of 2,203 square metres on West Service Road in Parañaque, built in 2000. The asking price is ₱198,270,000 at ₱90,000 per square metre. The property is fully fenced, has three-phase electricity, and includes parking and wifi. Three-phase power is the detail that matters most here: it is what light manufacturing, cold storage, and heavier equipment need, and retrofitting it later is expensive. Service Road frontage gives direct access to the SLEX corridor.
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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.
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