Prime Investment Opportunity: Entire Apartment Building for Sale – Gurd Shola (Salite Mihret)

A rare opportunity to acquire a complete apartment building in the high-demand Gurd Shola (Salite Mihret) district. Located in a rapidly developing area known for its strong rental yields and commercial growth, this property is ideal for institutional investors, real estate developers, or corporate entities seeking staff housing or rental income.

Building Specifications

• Location Excellence: Situated in Salite Mihret, just off the main Gurd Shola axis—providing easy access to Megenagna, CMC, and the airport road.

• Versatile Units: Features multiple residential units with modern layouts, suitable for high-occupancy rental strategies.

• Condition: High-quality construction with modern finishing, ensuring low maintenance costs for the new owner.

• Security & Utilities: Equipped with a secure perimeter, high-capacity water reserve tanks, and dedicated electrical infrastructure (transformer/generator space).

• Parking: Ample ground-level parking for tenants and visitors.

Why Invest in Gurd Shola?

Gurd Shola has become one of Addis Ababa’s most resilient real estate sub-markets.

1. High Rental Demand: Constant demand from NGO workers, government officials, and the growing middle class.

2. Infrastructure Growth: Excellent road connectivity and proximity to light rail stations and major business plazas.

3. Appreciation: Salite Mihret properties have seen significant capital gains over the last 24 months, making this a solid “buy and hold” asset.

This entire building is priced competitively at 130M ETB for a quick transfer. Clear title deeds and all documentation are ready for due diligence.

For financial details and private viewing: 📞 Call: +251 947002233