
Freehold land 1 Rai on Ratchadaphisek 32 Road
Ratchadaphisek 32, Bangkok, Bangkok, 10900, TH
NZ$23,506,000
JLL as selling agents are pleased to present the residential lot redevelopment opportunity at 2256 Magsaysay Street, Guadalupe Nuevo, Makati City.
This is a unique opportunity to capitalize on a strategically located vacant lot in a fringe district, classified under a Low Density Commercial/Mixed-Use Zone (C-1A) with a Floor Area Ratio (FAR) of 5. The proposed development plan for a 10-storey boarding house building is set to provide significant value-add potential for investors looking to establish a residential or multi-use project in a prime location.
Property Details: The available parcel spans 595 sqm with a frontage of 23.19m, making it an ideal site for developing residential, hotel, retail, or institution-based facilities. The proximate connectivity to MRT-3 Guadalupe and ease of access to Bonifacio Global City and Rockwell Center further magnify its commercial allure.
Strategic Context: Situated minutes away from major landmarks such as Robinsons Cybergate Complex and Rockwell Center, the site offers accessibility via EDSA. This location positions the property in a high-demand area leveraging evolving urban dynamics and demographic trends towards urban living and commercial expansion.
Investment Thesis: This opportunity promises robust growth potential due to its location within a dynamically growing urban corridor, ensuring long-term stability and predictable cash flow through strategic development. Investors have the chance to create substantial value through innovative development, aligning with Makati’s ongoing evolution as a premier metropolis.


