604 sqm Commercial Land for Sale or Lease in Bel-Air, Makati City

Jupiter Street corner Mars Street, Bel-Air, Makati City

Public reference photo 1 of land for sale or lease in Makati City (AGV-RE-000147)

Overview

📍 604 sqm corner commercial land in Bel-Air, Makati, offered for sale or long-term lease at Jupiter Street corner Mars Street.

Full Description

Property Overview Corner commercial land parcel in Bel-Air, Makati City, offered for sale or long-term lease. Property Details • Lot Area: 604 sqm • Lease: ₱550,000/month + VAT • VAT-Inclusive Lease: ₱616,000/month • Source-Stated Lease Term: 15 years, renewable • Source-Stated Escalation: 10% annually • Sale Rate: ₱650,000/sqm + VAT • Sale Base Price: ₱392,600,000 • VAT-Inclusive Sale Price: ₱439,712,000 Development The old source proposed a six-storey commercial building with basement. This is a concept only and must not be treated as an approved entitlement. Actual allowable use, height, setbacks, parking and approvals must be verified. Important Considerations Current sale/lease availability, Bel-Air estate restrictions, zoning, lessor/seller terms, construction period, taxes and association dues require confirmation. Reference: AGV-RE-000147

View Key Highlights

604 sqm corner lot Bel-Air, Makati Sale or long-term lease ₱550,000/month + VAT lease ₱650,000/sqm + VAT sale Development concept subject to approvals

View Analysis & Additional Details

Property Type: Development / Commercial Land Location: Jupiter corner Mars Street, Bel-Air, Makati Lot Area: 604 sqm Lease: ₱550,000/month + VAT VAT-Inclusive Lease: ₱616,000/month Sale Rate: ₱650,000/sqm + VAT VAT-Inclusive Sale Price: ₱439,712,000 Development Concept: 6-storey source concept only; approvals required