22 Grand Festival | Evergrand Real Estate, 22 Road, Addis Ababa, Ethiopia
🏙️ 22 Grand Festival | Evergrand Real Estate📍 22 Road,…
Price On Call
For Sale
$10,000,000




This efficient 2-bedroom L-shaped villa is located in Gerji, one of the most strategically positioned neighborhoods in the Bole Sub-city. In early 2026, Gerji has seen a massive value surge following the completion of the Bole Home’s-to-Gerji Corridor Project. This initiative has transformed the area with modern granite sidewalks, dedicated bicycle lanes, and improved utility grids, making it one of the most “walkable” and modern districts in East Addis. At 10 million ETB, this villa is priced exceptionally well for the current market, offering a rare opportunity to own a standalone residence in a high-demand zone for the price of a mid-range apartment.
📍 Location: Gerji (near Bole Home’s / Mebrat Haile), Addis Ababa
💰 Price: ETB 10,000,000
🛏️ Bedrooms: 2
🏠 Property Type: Villa (L-Shape)
📄 Status: For Sale
📞 Call to View: +251 947 002 233
L-Shape Privacy: The architectural layout creates a natural, sheltered courtyard, perfect for private outdoor seating or a small garden in an urban setting.
Corridor Project Beneficiary: Direct access to the city’s newest infrastructure, featuring high-quality road finishes and enhanced green spaces.
Proximity to Bole: Located just minutes from Bole International Airport and the central business district, making it ideal for frequent travelers or airport staff.
High Rental Demand: Gerji is a “hotspot” for local professionals and small families, with 2-bedroom properties in this area currently seeing rental yields between 8% and 11%.
Value-Entry Pricing: At 10M ETB, this is one of the most affordable standalone options in the Bole sub-city, where median house prices have climbed to 31M ETB in early 2026.
Secure Neighborhood: An established residential pocket known for its community feel and improved safety standards.
🏙️ 22 Grand Festival | Evergrand Real Estate📍 22 Road,…
Price On Call
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Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman