Lavish 40/60 Condominium in Megenagna

For Sale: Lavish 40/60 Condominium in Megenagna Property Overview Discover your dream home in this stunning 125 m² condominium located on the 6th floor of a prime building in Megenagna. Key Features Spacious Master Bedroom with an attached bath and shower room Two Additional Bedrooms with a shared bath Maid Room Laundry Area with drainage line Open and Closed Kitchen: Perfect for culinary enthusiasts Bright Living Room that opens to a relaxing balcony Enjoy luxurious ceramic flooring, stylish gypsum ceilings, and beautifully plastered walls throughout the unit. Investment Opportunity Originally constructed for residential use, this property currently generates a monthly rental income of 50,000 ETB, making it an excellent investment option. The kitchen is equipped with quality cabinets and fixtures, and the unit includes essential amenities such as reliable 220V electricity and a fixed elevator. Location Benefits Situated just behind the main asphalt road, ensuring easy access to transportation, markets, and essential services. Only a 4-minute drive from EAL Airport. Near Saint Supermarket and major infrastructure. Convenient access to public transport links to various sub-cities, with only a 2-5 minute drive to both Bole and 22 Mazoria downtown. Close to private and public schools, colleges, clinics, pharmacies, hospitals, government offices, and playgrounds. Surrounded by embassies, international offices, and NGOs, with a 2-minute drive to AU and downtown. Pricing Details Price: 13.0 million ETB (slightly negotiable) Financing options available through bank loans. Contact Information For more details, please contact Adera Property and Asset Management. We specialize in property management and asset administration services, ensuring high-quality solutions tailored to your needs. Tips for Sale Agreement Clear Terms: Define all terms, including sale price, payment method, and conditions. Inspection Clause: Allow the buyer to inspect the property before finalizing the sale. Disclosure of Liens: Inform about any existing liens or loans on the property. Service Fee: A 2% service fee applies to the total price for both buyers and sellers. Legal Review: Consider having a legal professional review the agreement for compliance with local laws. Tips for Rent Agreement Define Duration: Specify lease duration and renewal options. Payment Terms: Outline rent amount, due dates, and acceptable payment methods. Security Deposit: Specify conditions for the security deposit. Maintenance Responsibilities: Clearly state maintenance duties for both landlord and tenant. Termination Notice: Include notice requirements for lease termination by either party. By following these guidelines, you can ensure a smooth transaction process that protects the interests of both buyers and sellers. BT: 11