Prime Income-Generating Commercial Property | Mombasa CBD Location: Mombasa Island, Off Jomo Kenyatta Avenue, 3rd Row

KSh 90,000,000
New

Off Jomokenyatta Ave - Mombasa, Mombasa CBD, Mombasa Island

Shop · For Sale
1,000 sqft
464.5

Description

FOR SALE – PRIME INCOME-GENERATING COMMERCIAL PROPERTY | MOMBASA CBD Location: Mombasa Island, off Jomo Kenyatta Avenue, 3rd Row Plot Size: 50 × 100 ft — approximately 464.5 sqm Tenure: Freehold Title Asking Price: KES 90 Million — Negotiable PROPERTY OVERVIEW An excellent income-generating commercial investment strategically positioned in Mombasa CBD, just off Jomo Kenyatta Avenue and near Total Petrol Station. The property occupies a substantial 50 × 100 ft freehold plot and comprises a well-established G+3 mixed-use building, combining retail, residential and storage spaces. Its central location and fully occupied status make it an attractive opportunity for an investor seeking an established rental-income asset in Mombasa Island. DEVELOPMENT * G+3 mixed-use building — 4 floors * 3 commercial shops * 10 apartments, comprising 1, 2 and 3-bedroom units * 3 large stores * 100% occupancy * Established rental income from multiple tenants * Rent schedule available to serious and qualified buyers INVESTMENT HIGHLIGHTS The property benefits from a strategic CBD location with convenient access to major commercial activities, public transport, offices, retail businesses and essential amenities. The combination of commercial shops, residential apartments and large stores provides diversified rental income across different tenant categories. With the building already fully occupied, the buyer acquires an operational income property rather than a vacant development, providing an opportunity to take over an established rental stream, subject to verification of the rent schedule and tenancy agreements. TITLE & DUE DILIGENCE * Freehold title * Title available and stated to be clean * Land rates up to date * Rent schedule available for serious buyers * Buyer to undertake independent legal and physical due diligence prior to completion. PRICE KES 90,000,000 — Negotiable This is a substantial income-generating property in the heart of Mombasa Island, suitable for investors looking to acquire a diversified commercial and residential rental asset with existing occupancy. Viewing and further information strictly by appointment. Prime Urban Investments Discover property. Experience comfort. Live Prime.

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Ezekiel

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