BGC LAND LEASE
LOCATION: Bonifacio Global City
LOT 17, 21st Drive (988 sqm)
LOT 15, 20th Drive (1,083 sqm) TOTAL AREA: 2,071 sqm LEASE TERM: 7 years to 10 years, renewable annually LEASE RATE: Php 1,200.00/sqm (exclusive of VAT) ASKING ESCALATION: 10% per year DEPOSITS:
Security Deposit: 6 months' rent
Advance Rental: 3 months' rent RENT-FREE CONSTRUCTION PERIOD: 6 months CONSTRUCTION BOND: Php 1,000,000 (refundable after construction) TAXES AND DUES:
Property Taxes and Yearly Association Dues for Land and Improvements: Lessee's responsibility
Association Dues: Lessee's responsibility
Real Property Taxes on Improvements (Building): Lessee's responsibility
Real Property Taxes on Land: Lessor's responsibility
Telephone number: View Phone