Lucrative Investment: Fully Occupied 20-Unit Apartment Block in Ongata Rongai

KSh 130,000,000

Magadi Road, Ongata Rongai

Commercial Property · For Sale
1,011

Description

Property & Location: Prime Location: Situated in a serene, rapidly developing area of Ongata Rongai, just 200 meters from the main road. Spacious Plot: Sits on a generous 1/4 acre of land. Excellent Infrastructure: Accessible via a cabro-paved road, ensuring smooth and convenient entry. Ideal Environment: Clean, well-maintained complex offering a pleasant and healthy living space. Security & Amenities: Robust Security: Features a 24/7 guarded gate and comprehensive CCTV surveillance for complete peace of mind. Ample Parking: Plenty of parking spaces are available for residents and visitors. Proximity to Essentials: Close to schools, hospitals, shopping centres, and public transport. Apartment Features (Per Unit): Spacious Layout: Generously sized bedrooms, with the master bedroom featuring an ensuite bathroom. Modern Kitchen: Designed for functionality, complete with an adjoining balcony. Reliable Utilities: Includes a consistent borehole water supply and a prepaid electricity meter. Investment Highlights: Total Units: 20 apartments. High Occupancy: 100% fully occupied, ensuring immediate returns. Steady Income: Generates a total monthly rental income of 800,000 KSh (40,000 KSh per unit). Asking Price: 130 Million KSh. Slightly negotiable Strong Community: A vibrant mix of families and professionals, making it a desirable rental location.

Amenities

Internal Features

Fibre Internet

External Features

Balcony
CCTV
Electric Fence
Kids Play Area
Parking
Pet Friendly

Neighborhood

Ongata Rongai
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Popular points of interest

Ministry of Repentance & Holiness, Ongata Rongai 0.8 km
Tuskys Ongata Rongai 1 km
Tusky's parking 1 km
The Pinnacle School 1.2 km
Multimedia University of Kenya 1.7 km
Lex Homes
Lex Homes
Listing ref LEH0250

Alex Gakuru

Lead agent

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