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GOLDEN PHOENIX HOTEL (with casino licensed for operation)

¥ 633,240,000
Road 23 corner Road 11, Central Business Park, Pasay City, Pasay City
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This ​hotel​ is already operating and It is located within the area of Macapagal Avenue. It is few minutes away from key locations and destinations: Airport, Hospitals and Mall of Asia. The location is strategically close t​​o the international airport, the largest shopping mall in Asia and the country’s major gaming and entertainment complexes. The hotel is also just a stone’s throw away from the popular convention venue in the Metropolis, SMX and the newest event venue Mall of Asia Arena.

The hotel comprises of 281 spacious and fashionably designed rooms and suites, overlooking the downtown metropolis through its floor to ceiling windows. All rooms, although contemporarily designed, as a Filipino vibe to help guest experience a well-known Filipino hospitality. It has a 2000sqm space provision for Casino.

HOTEL PROPERTY SUMMARY:

LOT AREA: 6,452 sq.m.
FLOORS: 7 Floors (GF to 7th floor)
FLOOR AREA: Approx. 19,000 sq.m. (2,000 sq.m. is provision for Casino)
NUMBER OF ROOMS: 281
LOCATION: Road 23 corner Road 11, Central Business Park, Pasay City
DESCRIPTIONS: The Hotel comprises of 281 spacious and fashionably designed rooms andsuites; seven (7) floors; with facilities and amenities.
PRICE: Php. 5 Billion (Inclusive of Casino License Operation) $100,000,000 USD
ANNUAL EARNING: Php. 180 Million
Occupancy Rate: 80%

IMPORTANT NOTE: No casino license yet. Upon 80% downpayment via bank to bank, the processing of casino license will commence via PAGCOR and it may take from up to 30-90 days. When license is completely processed, 20% shall be paid (escrow).

Address: Road 23 corner Road 11, Central Business Park, Pasay City
State/County:
Country: Philippines
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Property Id : 7280
Price: ¥ 633,240,000
Property Size: 19,000.00 m2
Property Lot Size: 6,452.00 m2
Rooms: 281
Bedrooms: 281
Bathrooms: 281

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