Salite mihiret G+6 Multi purposes commercial Building

For Rent: Salite Mihiret Multi-Purpose Commercial Building Location: 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 rent Units: Two apartments per floor, adaptable for either residential or commercial use Apartment Features: Living Room: Modern design with a private balcony, ideal for relaxation and entertainment Master Bedroom: Spacious, featuring an en-suite bathroom with a shower and an additional balcony Kitchen: Modern setup with electric and gas stoves, equipped with high-end utilities and a separate laundry room Guest Bathroom: Well-appointed guest bathroom matching the high-quality standards of the apartment Building Amenities: Fully furnished for immediate comfort Equipped with both goods and passenger elevators for convenience Secure environment surrounded by essential facilities Scenic views overlooking the Gorgios area Equipped with a 20,000-liter reserve water tank with a pump Ample parking for residents, with additional space available at ground level Rental Information: Monthly Rent: 2.5 million ETB (slightly negotiable) Contract Duration: Minimum of 3 years, with the opportunity for annual price adjustments based on negotiation Income Potential: This building is suitable for various uses, including restaurants and offices, providing a consistent income stream Contract Agreement Hints: Preliminary Agreement: Draft a rental agreement outlining monthly rent, duration, and renewal terms Payment 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 utilities Usage 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 penalties Negotiation Terms: State how rent adjustments will be handled—annually based on market conditions or pre-agreed terms Notices: Clarify how and where notifications regarding the contract should be sent Contact Information: Visit www.betoch.et for more details. Note: A 2% payment from the total price may apply for transaction processing. BT: Tempo 27