0 items
Add some quality building materials to get started on your next project
Browse ProductsIncome-Producing 320m² Property at Carrefour George — 3BR House + 2 Rented Annexes with Vertical Redevelopment Potential
A compact, income-generating property at one of the area's named crossroads, currently producing rental income from two occupied annexes alongside a 3-bedroom, 2-bathroom main house. At ~320m², the lot is modest in footprint, but in a location where density and vertical development are the path forward, footprint matters less than position.
The income today
Two rental annexes, both occupied, generate near-term income from day one of ownership. Based on current Conakry market rates for this type of unit and location, estimated rental income falls in the range of 600,000–1,000,000 GNF per month from the annexes alone. The 3-bedroom main house adds an estimated 1,500,000–2,500,000 GNF per month in rental value if fully leased.
Jawudi can provide verified rental figures on request.
The redevelopment thesis
Carrefour George's position as a named intersection with established commercial activity and a local mosque anchoring neighborhood foot traffic makes it a candidate for vertical, mixed-use development, a ground-floor commercial space with 2–4 residential floors above. On a 320m² lot, a mid-rise build multiplies usable area to 600–1,200m² of leasable space, fundamentally transforming the property's income potential.
The existing house and annexes generate holding income while a buyer plans, designs, and permits a larger project.
What's in place:
3-bedroom, 2-bathroom main house
2 rental annexes, currently occupied
~320m² total plot area
~131m² existing building footprint
Located at Carrefour George, adjacent to local mosque
Named intersection with established neighborhood activity
Full-service development available through Jawudi
For buyers ready to act on the redevelopment potential, Jawudi can manage the full project lifecycle, from demolition and architectural design through construction, tenant placement, and ongoing property management. This is where the 320m² footprint becomes a 1,000m²+ income-producing asset.
Who this fits
A developer looking for a small-footprint vertical project in an established urban location. An investor who wants near-term rental income with a defined path to a significantly higher-value asset. A buyer who recognizes that in a densifying market, the best returns come from building up, not out.
The property fronts directly onto a busy unpaved access road linking to the Route le Prince, one of Conakry's primary arterial routes. Despite the unpaved surface, the road carries consistent commercial and residential traffic, ensuring strong visibility and accessibility for both current tenants and future commercial occupants.
: Carrefour George is an established, densely populated urban neighborhood in Conakry with active commercial and residential activity throughout the day. The mosque adjacency and road frontage ensure consistent human presence. Like most urban Conakry neighborhoods, standard security measures (boundary wall — full concrete, steel doors and windows) are already in place on this property.
Flood risk is rated LOW for this location. Conakry's coastal areas can experience seasonal flooding during heavy rains, but Carrefour George's inland position and the property's established drainage infrastructure mitigate this risk. Standard urban construction precautions apply.
The property is immediately adjacent to the neighborhood mosque, a permanent community anchor generating consistent daily foot traffic. Multiple 4–6 story mixed-use and residential buildings are already standing and under active construction within a few hundred meters, confirming the area's active densification. The Route le Prince commercial corridor is approximately 320m away.