992 sqm Corner Lot for Sale/Lease, Poblacion Makati

General Luna Street corner Mercado Street, Poblacion, Makati City, Metro Manila, Philippines

Public reference photo 1 of land for sale in Makati City (AGV-RE-000252)

Overview

A 992 sqm corner lot for sale or lease at General Luna Street and Mercado Street in Poblacion, Makati City, offering approximately 33.38 meters and 27.70 meters of street frontage. Its corner configuration presents opportunities to evaluate commercial or mixed-use development concepts, subject to applicable approvals.

Full Description

992 SQM CORNER COMMERCIAL LOT FOR SALE OR LEASE General Luna Street corner Mercado Street, Poblacion, Makati City Discover a well-positioned 992 sqm corner property in Poblacion, Makati, offering substantial street exposure and the flexibility of either acquisition or long-term leasing. Situated at the intersection of General Luna Street and Mercado Street, the property features approximately 33.38 meters of frontage along General Luna Street and 27.70 meters along Mercado Street. Its two-street orientation creates an attractive setting for a future development seeking visibility, accessible frontage and a recognizable Makati location. The property is currently tree-covered, with perimeter fencing visible along its street boundaries. The surrounding neighborhood combines commercial, residential, dining and hospitality establishments, with Makati Avenue and Kalayaan Avenue nearby. POTENTIAL DEVELOPMENT OPPORTUNITIES The site offers an opportunity to evaluate a commercial building, boutique office development, retail-oriented project or mixed-use concept. Its corner position and substantial land area allow prospective investors or developers to explore different building arrangements, subject to zoning, design requirements and government approvals. SALE AND LEASE OFFERING Asking sale price: PHP 350,000 per sqm + VAT, equivalent to PHP 347,200,000 + VAT. Alternatively available for lease at PHP 900 per sqm per month + VAT, equivalent to an indicative base rental of PHP 892,800 per month + VAT. Further commercial terms are available upon inquiry. For property documents, additional information, investment discussions or viewing arrangements, please contact AGOSVIA and refer to the 992 sqm General Luna–Mercado Corner Lot in Poblacion, Makati. RAYMUND JAZMINES Licensed Real Estate Broker AGOSVIA Platform Mobile / WhatsApp / Telegram / Viber: 09053439806 Email: inquiry@agosvia.com AGOSVIA — Property • Land • Commercial • Investment Opportunities

View Key Highlights

- 992 sqm corner lot in Poblacion, Makati City - Approximately 33.38 meters of frontage along General Luna Street - Approximately 27.70 meters of frontage along Mercado Street - Two-street corner position with development potential - Near Makati Avenue and Kalayaan Avenue - Offered for both sale and lease - Commercial or mixed-use development possibilities, subject to required approvals

View Analysis & Additional Details

PROPERTY SPECIFICATIONS Land area: 992 sqm Property type: Vacant corner development lot Location: General Luna Street corner Mercado Street, Poblacion, Makati City General Luna Street frontage: Approximately 33.38 meters Mercado Street frontage: Approximately 27.70 meters Current site condition: Substantially tree-covered, with perimeter fencing visible along the street-facing boundaries LOCATION AND ACCESS The property occupies a corner position within Poblacion, Makati, with frontage along two established streets. Nearby principal roads include Makati Avenue and Kalayaan Avenue. The surrounding neighborhood accommodates residential, commercial, dining and hospitality establishments. INDICATIVE DEVELOPMENT CONSIDERATIONS Reported FAR: 12, subject to confirmation with the relevant Makati City authorities. The property may be considered for commercial or mixed-use development studies. Actual allowable uses, building density, setbacks, building height, development capacity and required permits are subject to applicable zoning and site-specific regulations. COMMERCIAL COMPUTATION Sale: 992 sqm x PHP 350,000/sqm Total asking: PHP 347,200,000 + VAT Lease: 992 sqm x PHP 900/sqm/month Indicative base rent: PHP 892,800/month + VAT Lease duration, advance rental, security deposit, escalation and other commercial conditions are subject to discussion. INVESTMENT CONSIDERATIONS The property's principal attractions are its corner positioning, two street frontages, substantial land area and location within Makati's established Poblacion district. Prospective purchasers and tenants can evaluate the site for their proposed development, owner-use requirements or longer-term landholding objectives.