3 New Sites Launched in Prime Locations!
When it comes to building a home, location remains a top priority. Guided by the principle of “We come to you where you are,” Temer Properties has strategically developed and delivered residential and commercial projects in convenient, accessible areas of Addis Ababa.
The upcoming construction sites are situated in the heart of the city—areas rich in history and significance. The three recently announced projects highlight Temer’s dedication to developing desirable living and commercial spaces in some of Addis Ababa’s most prominent neighborhoods: the historic “Tiyt Bet” area, now called Aware; the so-called “diplomatic village” of Sarbet; and the bustling industrial center of Gelan.
- Aware – Project
Temre Properties is poised to become a landmark in the Aware neighborhood by constructing a modern apartment in the historic village, popularly known as “Tiyt Bet” (the Bullet House).
Located just a short distance from the Ethiopian Parliament, the new Temer development will be a 20-story building situated on a 672.51 sq.ft lot. Designed with spaciousness and versatility in mind, the residence offers an ideal environment for families or individuals seeking enhanced comfort and functionality.
The flexible design allows for various configurations, including options for a home office or additional storage space. Residents will also enjoy 109.60 sq.ft of shared amenities, a dedicated 12 sq.ft parking space, and a 589.56 sq.ft rooftop terrace—perfect for relaxation and outdoor gatherings.
- Gelan Shopping Center Project
Temer Properties has completed excavation and is advancing construction on a seven-story shopping mall in the industrial village of Gelan.
This new retail space will serve the growing market demand in the area. Spanning a total floor area of approximately 2,834.79 SQM, the development includes 1,730.70 SQM of unit area and 1,104.09 SQM dedicated to common areas, including terraces. The thoughtfully designed layout aims to maximize tenant efficiency and enhance the visitor experience.
Equipped with essential amenities such as elevators, parking facilities, EV charging stations, and garbage disposal systems, the Gelan Shopping Center promises convenience and sustainability.
With excavation work already completed, this project offers a compelling investment opportunity for businesses seeking premium commercial space in a rapidly developing, strategic location.
- Sarbet – Blue Point Project
The Sarbet Project boasts an exceptional location in the heart of Downtown Riverside, offering unparalleled convenience and connectivity. It is approximately 20 minutes (6.8 km) from Bole International Airport, facilitating easy travel for international and domestic flights. Additionally, residents and visitors can reach Silk Road General Hospital within a brief 2-minute walk (260 meters), ensuring quick access to healthcare services.
Lifestyle and Community Benefits
This 21 story development is strategically situated to provide a vibrant and convenient lifestyle. Its prime location places residents near key business districts, reputable educational institutions, and popular shopping centers, making daily commuting and errands effortless.
The community is designed to foster a secure, family-friendly environment with 24/7 concierge services that ensure safety and convenience. Green spaces and communal areas promote a healthy and social lifestyle, ideal for families and individuals alike.
Investment Advantages
The Sarbet Blue Point Site Project presents significant investment potential, characterized by high rental yields and promising long-term appreciation in property value. Situated in a rapidly growing urban district, the development offers attractive opportunities for investors seeking both income generation and capital growth.
