1,500 Sqm Warehouse in Mandaue

Located in Subangdaku, Mandaue City with small office on the side

• 1,500 sq.m. (covered area) at Php 170.00 per sq.m. or Php 255,000 plus VAT 12% less withholding at
5%.
• 350 sq.m. (open area) at Php 50.00 per sq.m. Or 17,500.00 plus 12% VAT less withholding tax 5%
• Availability: September 20, 2016
• 8 meters high (from floor to ceiling)

Terms:
• 2 months advance rent applicable on the first two months of the contracts.
• 6 months deposit - this is non-interest gaining, refundable 2 months after the end of contract less
unpaid bills and damages if applicable.
• Escalation – 10% annually
• Payment mode – monthly rental covered by postdated checks.