725 sq m Prime Residential Lot with Operational Restaurant and Expansion Potential

  • ₱35,000,000.00
Puerto Princesa, Mimaropa, 5300, Philippines

Overview

Property ID: 2660
  • Business Brokerage, Residential
  • Property Type
  • 2
  • Bathrooms
  • 10
  • Garages
  • 725
  • Puerto Princesa City Palawan Philippines
  • Lot m²
  • 2660
  • Property ID

Description

Property Overview: Welcome to your dream investment opportunity in the heart of Puerto Princesa City! This expansive 725 square meter residential lot, strategically located in City Proper, presents a unique blend of residential and commercial potential. Boasting a fully operational restaurant on the ground floor and a ready-to-use second floor suitable for a variety of ventures, this property is a rare gem. With numerous amenities and a lucrative income history, this is an investment opportunity you won’t want to miss.

Key Features:

  • Lot Size: 725 square meters
  • Restaurant: The ground floor features an operational restaurant with a complete package, including kitchen utensils, tables, chairs, and appliances. This turnkey setup allows you to continue the restaurant business or explore other commercial opportunities.
  • Income Potential: The restaurant has a proven track record, generating at least PHP 500,000 per month during the low season and up to PHP 1.5 million during the high season before the pandemic.
  • Expansion Potential: The property includes a ready second floor that can be easily transformed into a cafe, apartment, massage parlor, or other commercial spaces to diversify your income streams.
  • Parking: With a spacious 10-car garage, parking will never be a concern for you or your customers.
  • Garden: A well-maintained garden adds beauty and charm to the property, providing a pleasant ambiance for visitors and residents.
  • Storage: A stock room is available for your convenience, ensuring efficient operations for your business.
  • Small Office: A small office is included, allowing for on-site management and administration.
  • Location: This property is conveniently situated, making it easily accessible to major establishments, including Puerto Princesa International Airport, SM Mall, restaurants, beaches, banks, schools, hospitals, and the Provincial Capitol of Palawan.
  • Tourist Hotspot: Located near hotels, accommodations, bars, massage parlors, and nearby tourist destinations, this property is perfectly positioned to cater to the booming tourism industry of Puerto Princesa City.

Investment Opportunity: With its existing restaurant business and the potential for additional income-generating ventures, this property represents an excellent investment opportunity. The property’s strategic location, ample amenities, and steady income history make it a wise choice for savvy investors looking to capitalize on the thriving tourism industry of Puerto Princesa City.

Don’t miss the chance to own this remarkable property, where residential and commercial possibilities combine to offer a unique and lucrative investment opportunity. Act now to secure your future in the heart of this vibrant city!

 

 

  • Address Puerto Princesa, Mimaropa, 5300, Philippines
  • City Puerto Princesa
  • Zip/Postal Code 5300
  • Country Philippines

Details

Updated on October 29, 2023 at 7:24 am
  • Property ID: 2660
  • Price: ₱35,000,000.00
  • Property Size: 725 m²
  • Land Area: Puerto Princesa City Palawan Philippines m²
  • Bathrooms: 2
  • Garages: 10
  • Property Type: Business Brokerage, Residential
  • Property Status: For Sale

Overview

  • Business Brokerage, Residential
  • Property Type
  • 2
  • Bathrooms
  • 10
  • Garages
  • 725
  • Puerto Princesa City Palawan Philippines
  • Lot m²
  • 2660
  • Property ID

Contact Information

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