Whole Dormitory for RENT in Mandaue City

WHOLE DORMITORY FOR RENT
Discover an excellent opportunity to lease a whole dormitory in Mandaue City.

Location: Mandaue City

Key Features:

2,200 SQM DORM B
Total Capacity: 60 rooms (30 rooms for Dorm A and 30 rooms for Dorm 😎.

Amenities: Includes a laundry area, elevator access, and 24/7 security for peace of mind.

Strategic Location: Just a stone’s throw away from malls and schools, ideal for student convenience.

Rental Details Computation: Only for Dorm B (30 Rooms)
Rental Rate: ₱600/sqm
Total Monthly Rental: ₱1,412,400 (VAT net withholding tax)
Escalation: 8% annual escalation
CUSA: ₱110,000/month (VAT exclusive) with a 10% escalation in the 3rd year
Contract Terms: Five (5) years
Security Deposit: 3 months
Advance Rental: 2 months (applied to the last two months of operation)

Free Parking: One (1) parking slot available.

Additional Information:
Management Renovation: The interior will be renovated, including toilets, doors, flooring, and painting.
Handover Condition: The space will be provided “AS-IS WHERE-IS.” The LESSEE is responsible for any additional works needed after inspection.
Each room has own toilet and bath.

Utilities:
Water: ₱85.00/cubic meter (Lessee’s account)
Power: ₱16.00/kWh (Lessee’s account)
Optional Features:
Signage Tower: Available for ₱2,000/month.

Maintenance Services:

• Air conditioning cleaning available through Bonova Aircon Cleaning Services (quarterly).
  Other reminders will be discussed on the contract signing.

IDEAL FOR:

• Student Housing
• Hostel
• Corporate Housing
• Short-Term Rental
• Training Centers
• Care Facilities