11bdrm Bungalow in Mikindani for sale

This exceptional investment property in the heart of Mikindani, Jomvu offers tremendous potential for investors and developers alike. The spacious bungalow currently generates a steady monthly income of KES 70,000 while awaiting your vision for its future.

Property Highlights:

• 11 bedrooms with 5 bathrooms across a spacious layout
• Sits on a generous quarter-acre plot (approx. 10,000 sq ft)
• Income potential: Currently earning KES 70,000/month
• Development potential: Land can be converted for multiple residential flats
• Reliable utilities: 24-hour electricity supply
• Fair condition: Well-maintained structure ready for use or renovation
• Unfurnished: Blank canvas for your customization - see more unfurnished properties in Mombasa

Location Benefits:

Nestled in Mikindani, Jomvu sub-county, this property enjoys convenient access to Mombasa's urban amenities while maintaining a residential charm. The area is experiencing growth, making this an appreciating asset with multiple exit strategies.

Investment Potential:

Whether you maintain it as-is for steady rental income or redevelop the parcel into multiple residential units, this investment property in Jomvu offers exceptional value at KES 15,000,000. The large plot size provides rare opportunities in this sought-after Mombasa neighborhood.

Don't miss this versatile investment opportunity - explore more bungalows for sale in Kenya