For Sale: Lucrative Mixed-Use Building in Meskel Flower, Addis AbabaDiscover 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 pumpEmergency provisions for safetyPremium imported materials used throughoutA multi-purpose hall, adding versatility to the property’s offeringsThis 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 ETBThis 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
Selling