Kotto, Douala
Four-storey building in Kotto (opens in a new tab)
452 m² plot, 6 apartments, 4 commercial units
450M FCFA ≈ €686,000
30-unit building in Yatika
Yatika (Yatchika), Douala III, near Yassa. Exact address given when you book a visit.
Description
- Titled land
- 2,130 m²
- Built area
- 600 m²
- Free land
- ≈ 1,530 m²
- Units
- 30
Income building in Yatika, also called Yatchika, in the Douala III district, on 2,130 m² of titled land.
The buildings cover about 600 m²: 26 rooms, 2 studios and 2 flats on two levels, set around tiled inner walkways, with a gallery serving the first floor. The entrance is covered, with room to park.
The rest of the plot, about 1,530 m², has nothing built on it. You can build there without touching what already stands.
Laid out today as student rooms, the building could also house a clinic or a school.
Photos taken on site.
Rental potential
| Units | Rent | Total |
|---|---|---|
| 26 rooms | 30,000 | 780,000 |
| 2 studios | 50,000 | 100,000 |
| 2 flats | 70,000 | 140,000 |
| All units | 1,020,000 |
That is 12,240,000 FCFA a year at full occupancy, about 7.65% gross on the asking price. These are possible rents, not rent currently collected: current occupancy and existing leases need to be checked together before any offer.
Highlights
- 2,130 m² of titled land
- 30 units already built
- About 1,530 m² free to build on
- Tiled inner walkways and a first-floor gallery
- Covered entrance with parking
- Student housing, a clinic or a school
Other properties
Nsam Scal, Yaoundé
Four-apartment building in Nsam (opens in a new tab)
643 m² plot, 4 apartments
Price on request
Pitti-Dibamba, east of Douala
300 ha of land at Dibamba (opens in a new tab)
Titled land, plots from 1 ha, near the port zone
12,000 FCFA / m² ≈ €18.29