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Ksh 21,000,000.00

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Additional Info

StateNairobi County

We are presenting you a lifetime opportunity with this exclusive property listing in a highly demanded, in-fill location. Located in Githurai Mwihoko, a location where a veritable hotbed of development is set in a family oriented values and set up, this exclusive listing is evidently going to be of great income generation as it is highly favorable for settling families who are after safe and convenient location, Noteworthy the property also comes with a shop thus also favorable to a person interested in setting up a business within.
The CNN building boasts a serene environment and an ample amenity package. The property offers shops, bedsitters and one-bedroom, all sitting on one quaint tree-lined parcel that totals over an acre in size. The property recent and can significantly be upgraded.
The Githurai Mwihoko Apartment Block is located in Githurai Mwihoko. 6.3km from the Githurai roundabout. The building is accessed via Mwihiko road.
In close proximity are Mwihoko Primary School, PEFA Church, as well as shopping centers. With basic and social amenities nearby, the property is a hotbed for investment.
Property Features:
• Shops
• Bedsitters
• One-bedroom

The Income Breakdown:
Mwihoko flat consisting of 2Blocks and current income of Kes 194,500.
For the Completed units:
• Ground floor 1 Shop @Kes.10,000
• First floor 11 units bedsitter @Kes 5,500 and 2 units of 1 bedroom @Kes 7,500. A total of Kes.75,500
• Second floor 6 units one bedroom @Kes 7,500 and two bedsitters @Kes 4,500. A total of Kes.54,000
• The other block has 10 Units of bedsitters in total that are complete @Kes 5,500 each. A Total of Kes.55,000.
For the Uncompleted units:
Ground Floor on Block one:
• 4 Shops that go for Kes.10, 000 each and the just need windows, doors, flooring & Painting. A total of Kes.40, 000.
• 9 Bedsitters @5,500 doors and windows frames have been installed just interior finishing is left. A Total of Kes.49, 500.
Ground floor 2nd Block:
• 4 Bedsitters @Kes.4, 500 each making a total of Kes.18, 000.
Note: The flat is approved to 4Floors so you can do bedsitters on the 4th floor a total of 20 Units on both Blocks. Will bring a Total of over Kes.100, 000.

November 25, 2019 1:55 pm

This ad has expired

Listing ID 9155ddb8f94dcbc8