Great Investment Property in Bole

Apartment for Sale in Bole, Addis Ababa

This 2 bedroom, 2 bathroom apartment is situated  on the second floor in a well built and professionally managed apartment building at the heart of Bole less than 5 minuets from the airport and Mesqel Square. The location is peaceful residential neighborhood. The total area of the apartment is 119 Sq M and it has a great balcony. 

Designed for independent living, they feature superior finishing, parking, elevator, storage rooms, water reservoir, satellite dish wiring as well as building wide WIFI access.   

There are only a few units of apartments in the building and almost all are inhabited by expats.

Common amenities include: gym, lobby, laundry, business center, conference room (only for residents)

Selling Price: 7 Million Birr (negotiable)

Expected monthly rental income: $2,500 

Expected Yield: about 15% per annum 

The Apartment has all the necessary documents (title deed/karta)

If you wish to rent the unit, the management company offers a turn-key rental rental management service from finding a renter to billing and guest relations. Their services also include housekeeping, laundry (wash/dry/iron), security, cleaning, maintenance and lobby/reception services.