This 2400 sqm lot, one of the few medium-sized undeveloped lots in the neighbourhood, is situated along Shekilango Road in Kijitonyama Dar es Salaam. One of the suburbs that have transformed the fastest from a typical residential area to a commercial and mixed-use one. With numerous well-known venues for leisure activities, this region is quickly becoming one of the city's most recognisable shopping districts. Numerous hotels, flats, taverns, nightclubs, banquet halls, boutiques, and other establishments are already open, and many more are being built.
The property's size and location make it perfect for a variety of business ventures, including gas stations, office buildings, apartment buildings, and many more. This property is viable and has high investment potential, which may create a good stream of income given the current rising demand for commercial real estate in the area.
One of Dar es Salaam's major roads, Bagamoyo road, is not far from the property. A variety of attractions, including public markets, hospitals, shopping malls, schools and universities, and many more, are located less than 10 minutes' drive from the property.
Property is offered for commercial investment through a joint venture investment agreement or a long-term lease with a minimum lease term of 20 years and a modest up-front commitment fee.
- Total plot size 2409 sqm
- Electricity and water available on the property
- Located on a major road
- Close to many amenities