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This property is situated in the highly sought-after area of Kisaasi Dungu Zone, known for its convenient location and peaceful surroundings. The price of Ugx720m makes it a great investment opportunity for those looking to enter the real estate market or add to their existing portfolio.
The property consists of 10 rental units, generating a monthly rental collection of Ugx6,500,000. This is a great source of passive income for the owner, providing a steady stream of cash flow. The land size of 30 decimals offers plenty of space for future development or expansion of the existing units.
The land tenure is private Milo, which ensures secure ownership and easy transfer of ownership. The property also comes with a number of amenities, including ceramic tiles, electronic gates, ample parking space, a paved compound, a playground, a septic tank, a soak pit, a spacious compound, a store, a veranda, and a wall fence. These amenities add value to the property and make it an attractive option for potential tenants.
The property includes a mix of units, catering to different needs and budgets. There is one 3-bedroom house rented at Ugx1.5m, three 2-bedroom houses rented at Ugx700k each, four double units rented at Ugx600k each, two single units rented at Ugx400k each, and one single unit rented at Ugx250k. This diverse range of rental units ensures a steady flow of tenants and a high occupancy rate.
The location of the property in Kisaasi is ideal for both residential and commercial purposes. It is easily accessible via the Kisasi road and is located within the bustling district of Kampala. This makes it a convenient and desirable location for tenants, increasing the potential for higher rental income.
In summary, this property in Kisaasi Dungu Zone offers a great investment opportunity with its prime location, private land tenure, and diverse range of rental units. With a monthly rental collection of Ugx6,500,000 and a price of Ugx720m, this property is a smart investment choice for those looking to grow their real estate portfolio. Don't miss out on this chance to own a profitable and valuable property in one of Kampala's most sought-after areas.
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