Salite mihiret G+6 Multi purposes commercial Building

For Rent: Salite Mihiret Multi-Purpose Commercial BuildingLocation:Salite Mihiret, a highly secure neighborhood in Addis Ababa, conveniently located near government offices, colleges, universities, supermarkets, and hospitals—one of the best city locations in Addis Ababa, Ethiopia.Building Specifications:Total Size: 112 m² (currently constructed to 100 m²)Floors: G+6 with multiple floors available for rentUnits: Two apartments per floor, adaptable for either residential or commercial useApartment Features:Living Room: Modern design with a private balcony, ideal for relaxation and entertainmentMaster Bedroom: Spacious, featuring an en-suite bathroom with a shower and an additional balconyKitchen: Modern setup with electric and gas stoves, equipped with high-end utilities and a separate laundry roomGuest Bathroom: Well-appointed guest bathroom matching the high-quality standards of the apartmentBuilding Amenities:Fully furnished for immediate comfortEquipped with both goods and passenger elevators for convenienceSecure environment surrounded by essential facilitiesScenic views overlooking the Gorgios areaEquipped with a 20,000-liter reserve water tank with a pumpAmple parking for residents, with additional space available at ground levelRental Information:Monthly Rent: 2.5 million ETB (slightly negotiable)Contract Duration: Minimum of 3 years, with the opportunity for annual price adjustments based on negotiationIncome Potential: This building is suitable for various uses, including restaurants and offices, providing a consistent income streamContract Agreement Hints:Preliminary Agreement: Draft a rental agreement outlining monthly rent, duration, and renewal termsPayment Terms: Include payment schedules, with an initial deposit (first month's rent + security deposit)Maintenance Responsibilities: Specify who is responsible for repairs and maintenance of common areas and utilitiesUsage Restrictions: Outline permitted uses of the property (commercial operations, residential tenants) and any restrictions (no alterations without consent)Termination Clause: Include terms for early contract termination, specifying notice periods and penaltiesNegotiation Terms: State how rent adjustments will be handled—annually based on market conditions or pre-agreed termsNotices: Clarify how and where notifications regarding the contract should be sentContact Information:Visit www.betoch.et for more details.Note: A 2% payment from the total price may apply for transaction processing.BT: Tempo 27