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Advertisement of Business Opportunity Joint Venture of Hotel Project Located Block C Kimara Mavurunza

Price:
USD 0

For Rent

Agent Details:
John A. Bupimali




John A. Bupimali
7 Estate Agency
+255732998246
+255-713-418-477
+255-754-990-088


Details:
The Project has ready started and has a lease of 33 years . The site has unfinished building Hotel Structure. The Owner of this property is now looking for an eligible person/company to make joint venture in order to finish the buiding. Here are summary of this project:
Title Deed:proprietor
Plot located at Block C Kimara Mavurunza
Floors:Six
Halls:1st and 2nd floor
Capacity:1st Floor :350
                 2rd Floor:450
Accomodation Rooms:
Single Rooms:   18
Executive Rooms 3
Family Rooms 6
Total :                27
Required:Joint Partnerto finace Finishing and Furnishing.
Costs of Finishing activities/work: Tshs 310,000,000/=
Terms and Condition
1)Proposed Joint Investor to completethe above -stated work
2)To agree on terms for recovering inested funds
3)During the period of funds recovery the properietor to have agreed amounts to be paid.
4)T agree on the period to recover the invested funds to return the property to the Proprietor
Any other elements of terms and conditions to jointly  negotiated and agreed upon.
NB;
1. The building project has valued by the Municipality of Kinondoni-the value of this property at the date of preparing the valuation report stands at Tshs 1,300,000.
2. Parking area:
Plot No 214 Block =20
Plot No242-245=100
Ground floors
1) 2 rooms
2)Toilet
3.Kitchen
4,Corridor
5,Hall-earmarked for super market shop



Status:
Please call to confirm availability

MLS #:
JB936093

Property Type:
HOTELS & BUSINESSES

Style:
Multi storey property

Lot Size (acres):


Size (square feet):


Bathrooms:

Half Bathrooms:


Bedrooms:


Garage:
Attached Garage

Garage Cars:


Basement:
Not Applicable

Additional Out Buildings:


Appliances Included:


Features:



Location:

Kimara Dar-es-Salaam

Year Built:


Visitors:
2982

Submission Date:
02-19-2013