Commercial Property for Sale, Msasani

Commercial Property for Sale, Msasani - 1
1 / 5

Price Analysis Above Market

Based on 5 similar listings

Market Demand

Low Demand

Low demand - may take longer to sell

Details

Type
Commercial Land
Title
Certificate of Occupancy
Address
MSASANI
Facilities
Electric Supply, Water Supply
Access Road
Paved Road
Property Use
Mixed
Square meters
1,963 sqm
Type of Purchase
Outright Price
Development Status
Partially Developed

Commercial Property for Sale, Msasani Highlights

  • Prime Msasani Location: Msasani is a well-established and sought-after area, known for its accessibility and proximity to key business districts and amenities. Properties here often benefit from good infrastructure and a vibrant local community.
  • Generous Land Size: A plot of 1963 square meters offers significant space for various development possibilities. This size is suitable for a range of commercial projects, from retail spaces to offices or mixed-use developments.
  • Mixed-Use Development Potential: The designation for mixed-use property allows for a combination of residential, commercial, or retail functions. This flexibility can maximize the utility and potential return on investment for the land.
  • Established Utilities: The presence of existing electric supply and water supply infrastructure is crucial for any development. These essential services reduce initial setup costs and ensure operational readiness for businesses.
  • Accessible Paved Road Access: Good access via a paved road is vital for commercial properties. It ensures ease of transport for goods, clients, and employees, contributing to the overall efficiency and attractiveness of the location.
  • Certificate of Occupancy: A Certificate of Occupancy indicates that the property meets building codes and zoning regulations. This legal document is essential for lawful use and can streamline the process of obtaining further permits.

Description

• 1963 sqm commercial land with Certificate of Occupancy, ideal for investors seeking a 10% Cap rate. • Strategically located in Msasani with paved road access and proximity to essential utilities including electric supply and water supply. • Zoned for mixed-use property development, offering flexibility for various commercial ventures. • Partially developed, presenting an opportunity for investors to customize and maximize returns. • Outright purchase available for immediate acquisition and development. • Situated in a prime Msasani location, known for its commercial activity and investment potential.

Compare

Commercial Property for Sale, MsasaniThis item
Commercial Property for Sale, Msasani
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TypeCommercial LandCommercial LandCommercial Land
FacilitiesElectric Supply, Water SupplyCar Parking, Domestic Sewage, Electric Supply, Water SupplyCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
TitleCertificate of Occupancy—Certificate of Occupancy
AddressMSASANI—mwenge
Access RoadPaved Road—Paved Road
Property UseMixedMixedCommercial
Square meters1,963 sqm—720 sqm
Type of PurchaseOutright Price—Outright Price
Development StatusPartially Developed—Fully Developed
PriceTSh 3,500,000,000TSh 3,850,000,000TSh 3,000,000,000