Meskel flower 460 m2 G+6 Mixed use Building

For Sale: Lucrative Mixed-Use Building in Meskel Flower, Addis Ababa Discover an outstanding investment opportunity with this strategically located mixed-use building in the vibrant heart of Meskel Flower, Addis Ababa. Spanning 460 square meters with a G+6 configuration, this property is currently generating a substantial monthly income of 1 million ETB. The building features a commercial ground floor, ideal for shops and offices, complemented by five additional floors suitable for various purposes such as residential units or further office space. Located in a bustling commercial and residential area, the property enjoys high footfall and easy access to transportation, ensuring a constant flow of tenants and customers. The surrounding neighborhood is home to important establishments including banks, insurance companies, government offices, and hotels, enhancing its income-generating potential. Key Features: Two independent lifts and a 30,000-litre water reserve tank with pump Emergency provisions for safety Premium imported materials used throughout A multi-purpose hall, adding versatility to the property’s offerings This building is just a five-minute drive from EAL and is perfectly positioned near key roads, educational institutions, markets, and upcoming condominiums, adding to its appeal as a high-value asset. Pricing: Total Price: 225 million ETB (Slightly negotiable) Remaining Bank Loan: 180 million ETB (can be transferred to buyer) Cash Price Before Loan: 75 million ETB This mixed-use building presents a prime opportunity for investors seeking a lucrative and secure investment in a thriving area. For more details and to explore this exceptional property, visit www.betoch.et. Commission Notice: A commission of 2% from the total price will be applicable. If you do not agree to this commission, please refrain from proceeding. MG:13