Gerji G+7 Mixed-Use Building for Rent

Prime Investment Opportunity: Gerji G+7 Mixed-Use Building for Rent Overview Discover an exceptional investment with the Gerji mixed-use building, strategically located in the bustling heart of Addis Ababa. This expansive property spans 117 square meters and features a G+7 configuration, which includes: Ground Floor Mezzanine: Designed for banking, available for rent at 180,000 ETB (slightly negotiable). One Basement Parking. 1st Floor: Ideal for a pastry shop, restaurant, or café. 2nd to 7th Floors: Comprising 20 guest rooms per floor, each featuring a private bathroom and balcony. Key Features High Human and Transport Traffic: Ensures a steady influx of tenants and customers. Independent Lifts: For easy access throughout the building. Water Supply: Equipped with a 20,000-liter reserve water tank. Electric Transformer: Dedicated for the building's power needs. Trended Security Guard: For enhanced safety and peace of mind. Quality Materials: Constructed with high-quality, imported materials within a secure environment. Location Advantage Situated in a thriving commercial and residential hub, the building is conveniently located near major roads, schools, markets, and upcoming condominiums, as well as entertainment venues like nightclubs. Rental Options Ground Floor for Banking: 180,000 ETB (negotiable). 1st to 7th Floors: Available for other tenants at 1.0 million ETB (negotiable). Entire Building Rental: If both tenant and landlord agree, the entire building from the basement to the 7th floor can be rented for 1.2 million ETB (negotiable). Rental Terms Deposit: One-month security deposit required. Minimum Term: 1-year agreement with renewal flexibility. Payment: First three months' rent in advance during negotiation. Contract Notes (Key Clauses) Duration & Renewal: Specify rental period, renewal terms, and termination conditions. Payment: Flexible payment methods (e.g., bank transfers) based on tenant and landlord agreement. Maintenance: Define responsibilities for repairs (owners vs. tenants). Utilities: Clarify if water, electricity, and internet are included in rent or billed separately. Furnishing: List included items (e.g., kitchen appliances) and care requirements. Restrictions: Address pet policies, smoking rules, noise guidelines, and conduct violations. Signatures: Both parties must sign and date the agreement for legal validity. Contact & Service Fee To inquire about this property or to schedule a viewing, please visit www.betoch.et. Note: A 10% service fee applies to total rental costs for both parties. Landlords unwilling to accept this fee should refrain from proceeding. Conclusion Our professional property management services ensure transparency and alignment between tenant and landlord expectations. We are dedicated to providing a seamless rental experience, making your transition into your new home as smooth as possible. BT: Tempo 3