Kasangati, Wakiso, Central Region, Uganda
For Sale
$66,667 (UGX 260Million)
An income-generating commercial property for sale in Kasangati, comprising shops and rental units on a 60 × 100 ft plot of Kabaka’s land. The property is reported to generate UGX 5 million in monthly rental income, offering an opportunity for buyers seeking an established rental-income property in a growing commercial and residential area. With a purchase price of UGX 260 million, this property may appeal to investors looking to acquire a combination of commercial shop space and rental accommodation. Prospective buyers should verify the current rental income, occupancy, land tenure, ownership documentation, and any applicable transfer requirements before completing the purchase.
📍 Location: Kasangati, Wakiso District, Uganda
🏢 Property Type: Commercial Shops and Rental Units
🏬 Commercial Units: Shops
🏠 Additional Units: Rental Units
📐 Plot Size: 60 × 100 ft
📄 Land Tenure: Kabaka’s Land
💰 Monthly Rental Income: UGX 5,000,000
💵 Annual Rental Income: UGX 60,000,000
💰 Asking Price: UGX 260,000,000
💵 Price in USD: Approximately $66,667
➤ Combination of commercial shops and rental units
➤ Reported monthly rental income of UGX 5 million
➤ Plot measuring 60 × 100 ft
➤ Located in Kasangati
➤ Potential for continued rental operations, subject to verification of existing tenancy arrangements
➤ Existing Rental Income: Reported monthly income of UGX 5 million, equivalent to UGX 60 million annually before expenses.
➤ Multiple Income Sources: Shops and rental units provide different potential rental-income streams.
➤ Commercial and Residential Demand: The property may appeal to tenants seeking business premises or rental accommodation in Kasangati.
➤ Indicative Gross Yield: Based on the stated income and asking price, the gross rental yield is approximately 23.1% per year, before maintenance, vacancies, taxes, management costs, and other expenses. This is not a guaranteed return.
Kasangati is a growing area in Wakiso District with residential and commercial activity. A property combining shops and rental units may suit investors seeking exposure to both business-premises and residential rental demand. Buyers should independently assess the property’s exact location, accessibility, surrounding businesses, and current tenant arrangements.
Interested in acquiring this commercial and rental property in Kasangati for UGX 260 million? Contact Leister International Contractors (U) Ltd to arrange a viewing and request further information about the rental income, existing tenants, land tenure, ownership documentation, and purchase conditions.
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