1bdrm Block of Flats in Athi River for sale

This high-yield residential property presents an exceptional opportunity for investors seeking stable rental income in Machakos County's thriving Athi River area, conveniently located within Nairobi's Commuter Zone.

Property Highlights:

• Prime Location: Situated in Kanaani area, Athi River
• Generous Plot Size: 0.0203Ha (approx. 30x70) developed plot
• Impressive Structure: 6-storey block containing 44 bedsitter units
• Excellent Returns: Current rental income ~KES 250,000 monthly
• Investment Value: Priced at KES 23,600,000

Key Details:

The property is in fairly used condition with unfurnished units, ready for new ownership. Its strategic position in Athi River combines the advantages of:

• Proximity to Nairobi's economic hub
• Growing infrastructure development
• Strong rental demand from workers and students
• Potential for value appreciation

This turnkey investment property eliminates development hassles while offering immediate cash flow. The 44-unit configuration provides income stability through tenant diversification.

Investment Benefits:

With its established rental history and prime location, this property offers:

• Immediate rental income stream
• Low management overhead (single structure)
• Potential for rent increases and value appreciation
• Strategic position in Nairobi's expanding commuter belt