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Hostel for sale in Kyambogo Kampala Uganda, code: 187390
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This hostel is a great opportunity to acquire a competitively priced investment property. Located on Banda Road in Kyambogo, Kampala district, this hostel consists of 16 rooms that can be rented out to students and other individuals in need. It is currently collecting 19 million shillings per semester, and comes with a 49 year leasehold title ready for transfer.
The hostel itself is of a good quality, with well-furnished rooms that are comfortable and spacious for tenants to live in. The location offers a serene and safe environment, as it is close to the main road, shopping centers, and other amenities. The hostel also offers easy access to public transport.
The hostel is a great investment opportunity for anyone looking to own and operate their own business. It is in a prime location, and the rental fees are quite competitive. In addition, the 49 year leasehold title is a great benefit, as it provides long-term security for the investor. With the current revenue generated, the hostel could see a good return on investment.
The price of 300,000,000 shillings, is also negotiable, and a good deal in such a competitive market. It is a great opportunity to acquire a hostel for a reasonable price and with a secure land tenure.
This hostel is an excellent opportunity for anyone looking to invest in a property with potential for a good return on investment. With the rental fees already being collected and the long-term leasehold title, this hostel can be a great addition to any portfolio. Don’t miss out on this opportunity, contact the seller now to discuss further details.
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