Prime Land for Sale in Piassa, Addis Ababa | Mixed-Use Development

Prime 532 m² Mixed-Use Plot for Sale – New Piassa, Addis Ababa

Searching for a premier investment in Piassa, Addis Ababa? This unparalleled 532 square meter plot offers a rare foundation for a landmark commercial or residential development in the city’s historic and rapidly modernizing "New Piassa" district.

Property Specifications

• Total Area: 532 m²
• Location: Downtown Piassa Enrico (1-minute from Menelik II Square)
• Asking Price: 85,000,000 ETB
• Zoning: Mixed-Use (Residential/Commercial)
• Permit Potential: Preliminary approval for a high-rise structure (19+ floors)
• Legal Status: Full digital map certificate (CAMA) available for immediate transfer

Investment Highlights

Positioned directly on the newly developed asphalt corridor of the 2026 Smart City initiative, this land offers maximum visibility and capital appreciation. While land in Piassa is increasingly scarce due to the Addis Ababa Corridor Project, this specific plot benefits from the latest urban upgrades.

Ready-to-Build Infrastructure

Unlike peripheral plots, this property is fully equipped for immediate construction:

• Power: On-site 220V electricity connection.
• Water: 5,000-liter high-capacity reserve tank.
• Security: Dual-gated entry with 24-hour professional security.
• Logistics: Wide frontage on the modern asphalt corridor for easy heavy machinery access.

Strategic Landmark Location

Situated at the intersection of history and innovation, the plot is surrounded by:

• Culture: Adwa Victory Memorial Museum and the National Theater.
• Retail: Arada Luxury Mall and international fine-dining.
• Finance: Major commercial bank headquarters and NGO offices.