658m² Prime Development Site for Sale – 22 Mazoria, Addis Ababa | High-Density Zoning

Prime 658m² Development Opportunity: 22 Mazoria, Addis Ababa

Positioned in the heart of Addis Ababa’s most dynamic growth corridor, this 658m² plot offers a rare, high-yield opportunity for developers and institutional investors. Located just 150 meters from the main asphalt road and adjacent to St. Gabriel Hospital, the site is strategically placed to capture the rising demand for premium commercial and residential real estate in the 22 Mazoria to Bole Medhaniyalem axis.

Key Investment Highlights

• Zoning Potential: Specifically designated for high-density, multi-story development. The site is approved for construction of up to 14–15 floors (42 meters), maximizing your return on investment.
• Dual-Access Strategic Location: Features dual-road access via the main corridor and an internal road toward 24 Kebele, ensuring optimal logistics and visibility for any commercial project.
• Immediate Cash Flow: The property is currently occupied and generating a stable monthly lease income of 100,000 ETB, providing a buffer while you finalize your development plans.
• Infrastructure Ready: Fully serviced with 220V electricity and a 10,000-liter water reserve system already in place.
• Legal Transparency: Secured with a valid Digital Map Certificate, ensuring a seamless, compliant title transfer process.

Development Vision

This site is uniquely suited for high-impact projects, including:

• Boutique Hotels: Capitalizing on the high-traffic location near Bole.
• Luxury Residential Apartments: Perfect for the growing diaspora and executive housing market.
• Corporate Headquarters: Establishing a prestigious presence in one of Addis Ababa’s busiest business districts.

Financial Terms

• Asking Price: 80,000,000 ETB (Cash).
• Joint Venture (JV) Option: The owners are open to high-quality partnerships. In a JV scenario, the land value is appraised at 100,000,000 ETB.

Why Invest in 22 Mazoria in 2026?

The 22 Mazoria area has become a primary magnet for capital. With the 2026 surge in demand for professional business travel and high-end residential living, this location serves as the bridge between prime administrative areas and high-density urban convenience. By securing this site, you are not just purchasing land—you are acquiring a foundational asset in Addis Ababa's evolving skyline.

Your Trusted Real Estate Partner

All transactions are managed by betoch.et, ensuring full compliance with the Ethiopia Property Tax Proclamation No. 1365/2025. We handle all legal, tax, and administrative verifications to ensure your investment is protected.

Next Steps: A standard brokerage fee of 2% applies to both the buyer and the seller. We invite qualified investors to reach out to our team at www.betoch.et for a private consultation, documentation review, or to schedule a site visit.