Garden Restaurant for sale in Clark Philippines
Clark Realty has just announced the sale of a prime property located in the central business district of Clark Freeport, Philippines.
Clark Freeport is popular destination for Foreign Investments going into Philippines but land in prime locations are very scarce. With its near-zero crime rate, low pollution levels, absence of traffic congestion and a favorable tax structure, Clark Freeport is well known among foreign investors as the destination of choice. Now that the Clark International Airport (DMIA) has flung into full operations with dozens of flights linking Clark to all major cities in Asia and some beyond, Clark Freeport, Pampanga has come of age.
This is one of few prime properties in the main zone of Clark Freeport. Foreigners are eligible to procure this project that comes with a long-term lease and invest in all sorts of projects in leisure and mixed-used developments in Philippines Clark Freeport.
This property consists of 3200sm of fully developed land – lease up to 2051 - complete with water and electricity, phone lines and internet wifi connection. Improvements include a 2-storey structure with a kitchen and wine cellar on the ground level, a 1000sm garden with semi-private dining spots, a 60sm indoor dining room, excess land of some 1500sm that can be used to build a nice little inn.
Land area
3,250 square meters (more or less) of developed land
Location
At the heart of Clark＇s central business district just behind the main street where shopping malls are located. The property is adjacent and adjoining Clearwater Resort and Country Club, walking distance to Texas Instruments, Samsung Electronics, Parkson Shopping Mall, Pure Gold Mall and several food outlets.
Leasehold
Paid-up lease to year 2050, extendable for another 25 years subject to mutual agreement with CDC
Other terms
3% of gross revenues or 7% of gross profits whichever is higher, payable to CDC
Structures
Two-storey Vincafe restaurant and wine cellar plus lawn roof deck private dining.
Lawn tennis court with night lighting
Garden dining with meandering stream
lawn area for functions and events
Price
US$480,000.-
(roughly US$430,000 for the land)
Ground Floor
Storage room
Wine Cellar
Electrical room 1.65
Kitchen
Pizza/Pasta room 8.06
Toilet
Bar counter area 25.48
Covered Boardwalk
Walkway to toilet
Stairs to second floor 7.84
Total
Second Floor lounge
Roof Deck
Clark Realty is setting a firm price at US$480,000, non-negotiable. Buyer should expect to invest some money in renovation and improvements.
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
Clark@Yats-International.com
Photo:
http://www.prlog.org/
