11bdrm Bungalow in Mikindani for sale

Prime 11-Bedroom Bungalow on Quarter-Acre Plot in Mikindani

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

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 property 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 - schedule a viewing today!