Residential Property

RESIDENTIAL PROPERTY FOR SALE

LOCATION: *Kajjansi, Wakiso District*

DESCRIPTION: The property is located in Kajjansi, Wakiso District. Kajjansi is located approximately 19km from Kampala District along Entebbe road. It’s located along the Kajjansi-Lutembe murram road before you get to Kajjansi Airfield which is about 2km from Kajjansi Trading Centre and approx 100metres off the murram road.

It is located in a residential neighborhood with a mixture of big apartment blocks, bungalows, and an array of low cost housing typically targeting the very low budget clients paying Ugx 70,000 and above in rent per month

The property is accessible through a gate as it’s fully fenced in a perimeter wall and partly by the neighboring properties. The compound accommodates 5 structures. The first structure roofed with iron sheets is a 2 bedroom Bungalow with a garage, kitchen, entire house fully tiled, one bathroom and toilet, sitting room, dining,balcony, only pending external painting and veranda refurbishing. This one can fetch around Ugx 400,000 to 500,000 per month in rent in it’s current condition

The second block is adjacent to the bungalow and has 4 single rooms with cement floors each fetching Ugx 100,000 per month,then one double room fetching Ugx 150,000 per month with patches of tiling and cement floor, all with properly done ceiling, plastered in front only and inside.

The third block is a single room fully plastered on the inside, abit of patches of tiling and is roofed with iron sheets currently fetching Ugx 100,000 per month

The fourth block, has a total of 4 units i.e. 2 single rooms each fetching 100,000 per month with cement floor. Then it has additional 2 double rooms each fetching 150,000 per month, the two double rooms each has an inside bathroom, and one of them has tiles in the bedroom

The fifth is a pit latrine block with 3 toilet rooms and a bathroom that serves the rest of the rooms that do not have bathrooms and toilets inside.
The property has 2 water wells, one is an underground rain water reservoir and the other is a well that just needs water pump to pump.water from underground into the site plumbing. Total rental income comes to around Ugx 1,550,000 but can be more with improvements on the property

LAND SIZE: approx 100 x 70

REGISTER: Private Mailo

INVESTMENT: Ugx 260m

PROPERTY CODE: LA-MOMA