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Modern spacious Mtwapa shopping complex

Ksh 29,400,000.00

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Additional Info

StateMombasa County
Zip/Postal Code80100

Modern spacious Mtwapa shopping complex sitting on 4973 square feet with residential and business options located at a prime area of Mtwapa is on sale. Kenya Shillings 29.4 M equivalent to $ 487578.00 GROUND FLOOR. from left. there are 2 large units rented at KES 40,000 while 9 units rented at KES 70,200 giving income of 110,200. From right there is 1 spacious unit rented at KES 7,800 while 10 units/shops rented at KES 71,000 giving income of KES 78,800 FIRST FLOOR. From left ocupies 2 new large, 2 bedroom apartments rented at KES 50,000 while 7 bedsitters rented at KES 70,000 From right there are 12 bedsitters rented at KES 73,200 TOP FLOOR. From Left is resturant and two bars rented at KES 150,000. GRANT INCOME IS KES 532, 000 PER MONTH It will take you 4 years & 6 months to get back your 29.4 million and building worth 29.4 million. Changes on building are waiting for new owner.
The company will help you in securing necessary documents for yourself and property you want to buy
LOCATION: 2 meters off Main Mombasa/Malindi Highway, 2 KM from beach, exposed to great sea breeze blowing from Indian Ocean. Surrounded by total etrol station, Tuskys Supper Market, Lambada Club/Hotel, Danicha Plaza ,Mtwapa Elite Academy and big Condo building.