10-Bedroom Duplex Hostel in Mukono for Sale

10-Bedroom Duplex Hostel in Mukono for Sale - 1
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Details

Bedrooms
10
Bathrooms
10
Condition
Fairly Used
Furnishing
Unfurnished
Property Type
Duplex
Property size
465 sqm
Property Address
Mukono

10-Bedroom Duplex Hostel in Mukono for Sale Highlights

  • Prime Mukono Location: Properties in Mukono Town Council benefit from proximity to essential services, educational institutions, and transportation networks. This area is known for its growing infrastructure and accessibility.
  • Spacious Duplex Layout: Duplex properties typically offer two separate living units within a single structure, ideal for multi-generational living or rental income. This configuration maximizes living space and privacy.
  • Generous Bedroom Count: A high number of bedrooms, such as ten, suggests a property designed for large families or potential for subdivision into multiple rental units. This offers significant flexibility in use.
  • Unfurnished for Customization: Unfurnished properties allow buyers to personalize the interior design and choose their own furnishings. This provides a blank canvas to create a living space tailored to individual tastes and needs.
  • Fairly Used Condition: Properties described as 'fairly used' generally indicate a home that has been lived in and may show some signs of wear. Buyers can expect a functional property that might benefit from cosmetic updates or minor repairs.
  • Potential for Renovation: Homes in this condition often present an opportunity for renovation and modernization. Buyers can invest in upgrades to enhance value and create a more contemporary living environment.

Description

• Ten self-contained hostel units, ideal for student accommodation near Uganda Christian University, Mukono. • Each unit features a bedroom and bathroom, designed for individual student living. • Property sits on a 50x100 ft plot (approx. 465 sqm) with a Buganda Land Board title. • Generates UGX 7.2 million per semester in rental income, offering strong investment potential. • Located within walking distance of Uganda Christian University, ensuring consistent tenant demand. • Property is fairly used and unfurnished, allowing for customization by the new owner. • Asking price UGX 120 million for this income-generating asset.

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ConditionFairly UsedFairly UsedFairly Used
Property TypeDuplexBungalowBungalow
Bedrooms1023
Bathrooms1022
FurnishingUnfurnishedUnfurnishedUnfurnished
Property size465 sqm120 sqm100 sqm
Property AddressMukonoSEETA BAJJONABUSUGWE
PriceUSh 120,000,000USh 135,000,000USh 140,000,000