2 bedroom Rental units for sale in Mbalwa Wakiso Uganda, code: 199520
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Introducing a lucrative investment opportunity in the bustling and rapidly developing neighborhood of Mbalwa, located in Wakiso District. This property boasts 4 spacious and modern self-contained rental units, each consisting of 2 bedrooms and 1 bathroom. These units are situated along the well-known Mbalwa road, providing easy access to all major amenities and transportation routes.
The property, situated on 12 decimals of Mailo land, comes with a ready title, making the purchase process seamless and hassle-free. This prime piece of real estate is generating an impressive monthly income of 1.6 million shillings, with the potential for even more as the area continues to grow and attract tenants.
The rental units feature sleek and modern finishes, including ceramic tiles and tiled roofs, giving them a luxurious feel. The compound is paved and offers ample parking space for residents and guests, providing a hassle-free living experience. The electronic gates and wall fence ensure utmost security and privacy for all tenants.
The property also includes a playground, perfect for families with children, and a spacious veranda where residents can relax and enjoy the beautiful views. A septic tank and soak pit are in place, ensuring proper waste management, while a store offers convenience for storing household items.
With a price tag of only 180 million shillings, this property is a smart investment for anyone looking to generate passive income. Don't miss this opportunity to own a piece of Mbalwa's thriving community and secure a steady stream of income. Contact us now to schedule a viewing and make this property yours today!
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SCAN QR CODE
199520
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MBAALE DISTRICT REAL ESTATE MARKET TRÈNDS
Nestled in the scenic landscapes of eastern Uganda, Mbaale is emerging as a promising hub for real estate development. With a rich cultural heritage and a growing economy, this city is witnessing a real estate renaissance. In this blog, we'll delve into the key trends shaping the real estate landscape in Mbaale.
Historical origins
The name is commonly writen as Mbale from colonial times but is generaly pronounced as Mbaale. One theory links "Mbale" to the Gisu culture, a Bantu ethnic group in Uganda. According to this explanation, the name might be derived from the Gisu word "embaale," which translates to "plain" or "open space." This refers to the area where the city of Mbale is situated, which was originally an open grassland.
1. Rapid Urbanization and Infrastructure Development:Mbaale is experiencing significant urbanization as people migrate from rural areas to urban centers in search of better opportunities. This influx has fueled the demand for housing and commerci
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ENTER YOUR DETAILS BELOW AND LIZ WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 199520
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