Property Description
An outstanding investment opportunity in the Mikocheni Regent area, featuring 1,800 SQM of prime land with a G+2 building currently operating as Velmont Hotel. The property is in good condition and located alongside the main road, offering excellent accessibility and strong commercial potential.
The building includes 9 spacious bedrooms, all with en-suite master bathrooms, making it ideal for hospitality use such as a boutique hotel, guest house, Airbnb business, or staff residence. The property also features ample parking space and a security room, ensuring convenience and safety.
Its strategic location in one of Dar es Salaam’s well-established neighborhoods makes it a valuable opportunity for investors looking for a ready property with strong income potential.
Property Details:
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Location: Mikocheni – Regent Area
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Property Type: Land & House (Velmont Hotel)
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Land Size: 1,800 SQM
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Price: $1,000,000
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Structure: G+2 Building
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Bedrooms: 9
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Master Bedrooms: 9 (All En-suite)
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Parking: Ample parking space
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Security Room: Available
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Condition: Good condition, located along the roadside



