1 Bedrooms House/Apartment for sale at Moshono, Arusha
🏡 FOR SALE📌 Investment Property in Moshono
Price: $90,000
Nestled 500m from central Moshono on Excel Onsea Road, this exquisite property is a gem waiting to be discovered:
✔️ Features:
- 4 separate dwellings with tenants
- Green lawns, gardens
- On-site parking (1 car/dwelling)
- Walled, gated, secure compound
- 2 lockable storage rooms
- Water storage tank, well water, municipal connection
- Recently painted, well-maintained dwellings
🏠 Apartment 1:
- Renovated 12 months ago
- New security doors, aluminum windows, fly screens
- Quality fittings, full hot water system, ceiling fans, LED lighting, modern kitchen
📍 Location:
- 500m to Mandela Road, Shops, schools, Churches, Transport
- 12-min drive to Clocktower
💰 Current Rentals (Due quarterly on the 1st):
- Servant’s Quarters: 180,000 TZS
- Main House: 300,000 TZS
- Apartment 1: 350,000 TZS
- Apartment 2: 300,000 TZS
📊 Annual Income:
- Currently 13,560,000 TZS
- 4.04% nett return, potential to increase annually
💸 Outgoings:
- Quarterly municipal water: Approx 50,000 TZS (tenants contribute 10,000 TZS each per quarter)
- Tax: Varies – Seek your own information
- Maintenance: Gardener weekly, 17,000 TZS
🌳 Land Size: 1023 SQM
🌟 Future Potential:
1. Freestanding 1 Bedroom apartment
2. Ensuite studio/bed-sitter/selfie in porch area
3. Multi-use possibilities: Airbnb, holiday rentals, or volunteer accommodation
4. Land banking for future development – ideal for multi-unit housing
📩 DM for inquiries!
📧 sales@mrela.co.tz | ☎️ 0784 806 386
#PropertyForSale #Moshono #RealEstateInvestment #InvestInTanzania #DreamHome #forsalebyowner
