Commercial Property with Fibre Internet at Magadi Road

Location: Nestled just 200 meters from the main road, this prime apartment complex sits on a spacious half-acre land in the serene and rapidly developing area of Ongata Rongai. The location offers the perfect blend of tranquillity and accessibility. Infrastructure: The property is easily accessible via a cabro-paved road, ensuring smooth and convenient entry for residents and visitors alike. Security: Safety is paramount, with a 24/7 guarded gate and comprehensive CCTV surveillance, providing peace of mind for all residents. Parking: Ample parking space is available. Environment: The complex is clean and well-maintained, offering a pleasant and healthy living space. Apartment Features: Spacious Bedrooms: Each apartment boasts generously sized bedrooms, with the master bedroom featuring an ensuite bathroom for added privacy and comfort. Modern Kitchen: The kitchens are designed with functionality in mind, complete with a balcony that offers a refreshing outdoor space. Water Supply: A reliable borehole water supply ensures that residents have access to clean water at all times. Electricity: Prepaid electricity meters are installed, allowing residents to manage their electricity usage efficiently. Rental Income: Each of the 20 apartments is currently fully occupied, generating a steady rental income of 35,000 KSh per unit. This translates to a total monthly rental income of 700,000 KSh. Investment Opportunity: Priced at 130 million Ksh, this property represents a lucrative investment opportunity with a high occupancy rate and consistent rental income. The well-maintained infrastructure and prime location make it an attractive option for investors looking to expand their real estate portfolio. Additional Highlights: Proximity to essential amenities such as schools, hospitals, shopping centres, and public transport. A vibrant community atmosphere with a mix of families and professionals.