Trading House for Sale
A 586.11 m² commercial house in Nifas Silk-Lafto, Addis Ababa, is offered for auction by Global Bank, Megenagna Branch. Ideally located with access to major roads, public transport, utilities and essential infrastructure.
- Ends
- October 5, 2026
- Starting price
- ETB 369,914,825.27
- Bid history
- 0 bids
Description
This 586.11 m² commercial house, located in Nifas Silk-Lafto, Addis Ababa, Ethiopia, is being offered for sale through auction by Global Bank, Megenagna Branch. Suitable for various trading and commercial activities, the property enjoys a comfortable and accessible location with convenient connections to major roads, public transportation, electricity, water, telecommunications, and other essential urban infrastructure, making it a promising opportunity for business owners and investors.
Auction particulars
- Posted date
- August 23, 2026
- Bid bond
- 25%
- Region
- Addis Ababa
- Auction place
- Addis Ababa
- Auction building
- In the compound of the bid house
- Borrower
- Siudi Endris
- Auctioneer
- Elfnesh Mekonnen
- Property address
- Nifas_Silk Kafto, Addis Ababa
- Possession proof number
- NL124142943586114357
- Plot area (m²)
- 586.11
- Property type
- House
- Property service
- Business
Documents
Notices and supporting files for this auction.
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Globl Bank Bid Document 1.pdf
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