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Apartment block
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Attention all investors! Don't miss out on this amazing opportunity to own not one, but TWO block apartments for sale in the bustling neighborhood of Munyonyo. Each block features 8 units of 1 bedroom apartments, bringing the total number of units to 16. And the best part? Each unit pays a monthly rent of 1.2 million Ugandan Shillings, making it a lucrative investment with a potential income of 19.2 million Shillings per month.
Prime Location with Endless Possibilities
Situated in the sought-after area of Munyonyo on Gaba Road, within Wakiso District, this apartment block is ideally located for both residential and commercial purposes. With easy access to the main road, shopping malls, and schools, it offers convenience and accessibility for tenants and their families. The neighborhood is known for its peaceful and safe community, making it a desirable location for families and professionals alike.
A Perfect Blend of Comfort and Style
This property boasts 1 bedroom apartments, each with 1 bathroom, making it the perfect size for individuals or couples. The apartments are designed with modern ceramic tiles and ceiling fans, providing a cool and comfortable living space. The spacious balcony offers a stunning view of the surrounding area, perfect for relaxation and entertaining guests. The compound is paved and well-maintained, with ample parking space for tenants and visitors. And for added security and privacy, the property is fully fenced.
A Sound Investment with Unlimited Potential
The land tenure is Private Mailo, giving you full ownership and control of the property. The size of the land is 25 decimals, offering plenty of space for future developments or expansion. And with the current asking price of 1 billion Shillings per block, there is room for negotiation, with a possibility of getting a reduced price of up to 900 million Shillings. This is a great investment opportunity with the potential for high returns and growth.
Don't wait any longer, seize this opportunity to own these 2 block apartments in Munyonyo. Whether you are looking for a steady source of income or a long-term investment, this property is the perfect choice. Book a viewing today and see for yourself the endless possibilities this property has to offer. Don't miss out!
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