Best roadside commercial premises in a mixed-use building.
Description
Asset Type: Community Facility Condo.
The building is leased for shop facilities and office premises at both the upper and lower levels.
Financial performance
The cost of the property is 2,500,000 Ghc.
The absolute annual income is 383,940 Ghc.
The current yield is 7,0%.
Tenants
The building is partly rented by several tenants.
Type of lease: in addition to the base lease, the tenant is responsible for paying some or all of the costs associated with real estate — property taxes, and maintenance.
Location and nearby infrastructure
The property is located at Kotwi (on the Obuasi main highway). Kotwi is the most populated town of Atwima Kwanwoma District of Ashanti Region— more than 90,634 (according to the Ghana Population Census 2010)