Raja Chambers Along Parliamentary Avenue

+1

17

Parliamentary Avenue opposite Ministry of ICT

Address

Plaza

Property Type

Fairly Used

Condition

2999sqm

Square Metres

Unfurnished

Furnishing

10+

Parking Spaces

Yes

Secure Parking

Commercial block for sale location: parliamentary avenue opposite ministry of ict occupancy: 70% (78 offices occupied) earns : 20,000 usd per month at 70% the plot acreage is 0.3 hectares total lettable space is 2,096.20 square metres. number of car parking slots is 30. total income for the year ending 30th june was -this is a reduction from previous years due post covid-19 lockdown and lack of/poor management including poor maintenance, enforcement and/recovery of rent arrears. the building is now under under new management of a corporate manager (bageine & co) and rental income is expected to gradually increase to pre-covid-19 levels which used to be between ugx 900m-1.1billion. selling price: $3,500,000

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USh 13,300,000,000

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