1bdrm Block of Flats in Kimbo,Kiganjo Road for Sale

Prime Investment Opportunity: 1-Bedroom & Bedsitter Flats in Kimbo, Ruiru

This high-yielding block of flats is strategically located along Kiganjo Road in Kimbo, Ruiru, near the GSU Camp Ruiru. It presents an excellent opportunity for investors seeking consistent rental income or future development potential.

Property Highlights:

• 25 units of 1-bedroom apartments renting at KES 275,000/month
• 22 bedsitter units generating KES 154,000/month
• Total monthly income: KES 429,000
• Sitting on a 100x100 plot (with 100x50 currently developed)
• Empty plot ready for expansion or development
• Private borehole with excess supply to neighbors
• Connected to municipal sewer line
• CCTV security system installed

Additional Features:

• Semi-furnished units
• Balconies in all apartments
• Tiled flooring throughout
• Modern kitchen with cabinets and dishwasher
• 24-hour electricity with pre-paid meters
• Hot water systems installed
• Spacious wardrobes in all units

The property is in fair condition and comes with all vital documents ready for transfer. Located in a high-demand area with excellent accessibility, this is a rare investment opportunity not to be missed.

Asking Price: KES 55,000,000 (Negotiable) - Direct from Owner

Contact us today for viewing or more information about this lucrative property investment!