Heritage House and Lot For Sale Lantana Street Cubao Quezon City — 377 sqm Land Play ₱20K/mo Apartment Income ₱60M | Three Plays All Viable

Description

Lantana Street Cubao Quezon City — 377 sqm lot with heritage home built 1987. ₱60M. ₱159,000/sqm land value. Separate apartment generating ₱20,000/month passive income from Day One. 3 bedrooms + study room. 2 bathrooms + powder room. Covered garage. High ceilings. Exposed wooden beams. Grand wrought iron staircase. Near EDSA, Aurora Boulevard, Araneta City, Gateway Mall, SM Cubao. Townhouse development comps in this corridor: ₱150,000–₱180,000/sqm (2026 QC market data). There is a category of Metro Manila property that the market consistently undervalues until it's gone — and Cubao is exactly that category right now. Lantana Street sits in the heart of Cubao, Quezon City — one of Metro Manila's most permanently trafficked intersections of transit, commerce, and residential demand. EDSA runs through it. Aurora Boulevard frames it. Araneta City, Gateway Mall, and SM Cubao are within reach. This is not an address that loses relevance. It is an address that has held relevance through every market cycle Metro Manila has experienced since the 1980s — and will hold it through the next one. This property is a 377 sqm lot with a heritage home built in 1987. High ceilings. Exposed wooden beams. A grand staircase with wrought iron railings. Three bedrooms, a study room, two bathrooms, a powder room, and a covered garage — the full configuration of a family home built when space was still considered worth preserving. A separate apartment on the property generates ₱20,000 per month in rental income, providing immediate cash flow from Day One regardless of what the new owner decides to do with the land. The land is the conversation. At ₱60M on a 377 sqm lot, the land value is ₱159,000 per square meter — consistent with Cubao corridor pricing for established residential lots near major arterial roads. Comparable townhouse development sites in this corridor are transacting at ₱150,000–₱180,000 per square meter based on current QC market data. The heritage home above it is livable, rentable, and income-generating. What happens to it after acquisition is the owner's decision — not a constraint. Three plays. All viable. Owner-occupy the main house and collect ₱20,000/month from the apartment while the land appreciates. Develop the 377 sqm into townhouse units at current corridor rates and capture the spread. Or land bank — Cubao sits at one of Metro Manila's most permanent transit and commercial intersections, and large residential lots here are structurally disappearing. Any of the three positions you correctly. The apartment income means you never carry this asset at full cost while you decide. Why Cubao land specifically. The families and developers who understood this a decade ago already moved. What they were buying then is what this listing represents now — an address at the convergence of EDSA, Aurora Boulevard, and the entire eastern Metro Manila corridor, with a lot size large enough to do something meaningful with. Those opportunities are not being created. They surface occasionally when an estate settles. This one has surfaced. Property Details Lot area: 377 sqm | Floor area: 140.50 sqm | Built 1987 3 bedrooms + study room | 2 bathrooms + powder room | Covered garage High ceilings | Exposed wooden beams | Grand staircase — wrought iron railings Separate apartment — ₱20,000/month rental income from Day One Mature trees | Established lot | Lantana Street, Cubao, Quezon City Near EDSA | Aurora Boulevard | Araneta City | Gateway Mall | SM Cubao ₱159,000/sqm land value | ₱60,000,000 Townhouse dev comps in corridor: ₱150K–₱180K/sqm (2026 QC market data) Serious inquiries only. DM "LANTANA" on Facebook: Manila Property Insider. Include proof of funds for title documents and viewing schedule.