For Sale ₱1,081,000,000 - Commercial Lot
Rarely do large, consolidated properties become available within Cebu City proper. This 22,641-square-meter (2.26-hectare) development site in Kasambagan offers the scale needed for a residential, mixed-use, or large-scale urban project in one of Cebu City’s most established growth corridors.
Located near the Banilad commercial district, Gatewalk Central, and directly across the Mandaue Foam Banilad area, the property sits within a mature urban location surrounded by existing residential and commercial developments.
The site consists of five adjoining titled parcels under a single corporate owner, providing a straightforward acquisition process without the challenges often associated with land assembly.
Property Highlights
- Total Land Area: 22,641 SQM (2.26 Hectares)
- Location: Kasambagan, Cebu City (Hernan Cortes)
- Ownership: Single Corporate Owner
- Configuration: Five Adjoining Titled Parcels
- Road Access: Wide Frontage Along an Established Road
- Indicative Price: ₱80,000 per SQM
- Total Indicative Value: Approximately ₱1.81 Billion
Location Advantages
- Near Banilad Commercial District
- Close to Gatewalk Central by Ayala Land
- Across the Mandaue Foam (H. Cortes) commercial area
- Within an established residential and commercial corridor
- Located inside Cebu City, not a peripheral growth area
Large urban redevelopment sites of this scale are becoming increasingly difficult to find in Cebu City. For developers seeking a sizeable, well-located property with consolidated ownership, this site presents a rare opportunity within the Banilad–Kasambagan corridor.
Disclaimer:
All property information, including prices, unit sizes, features, and availability, is subject to change without notice. While reasonable care is taken to ensure accuracy, final details are confirmed during the reservation and contract process. Buyers are advised to verify current information prior to commitment.
