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Changamwe 3 views Oct 31, 2024
KES 35,000,000 Selling
Last Updated | Oct 31, 2024 |
Property ID | 11852271 |
Category | Houses and Apartments for Sale |
Number of bedrooms | 1 |
Number of bathrooms | 1 |
Price | KES 35,000,000 |
Property Address | changamwe |
Estate Name | Miritini |
Property Size | 1000 sqm |
This well-maintained block of 22 one-bedroom flats presents an exceptional investment opportunity in the thriving Miritini area of Changamwe, Mombasa. Currently fully occupied by tenants, this property generates a consistent monthly rental income of approximately KSh 300,000, offering the new owner immediate cash flow.
Located in the developing Miritini area of Changamwe, this property benefits from increasing demand for rental housing due to its proximity to key transportation routes and growing commercial activity. The current 100% occupancy rate demonstrates the property's strong rental appeal.
Priced at KSh 35,000,000, this turnkey investment offers an excellent entry point into Mombasa's rental market with immediate income generation. The property's solid construction and maintained facilities ensure continued tenant satisfaction and reduced maintenance costs.
Ideal for investors seeking stable returns or those looking to expand their real estate portfolio in Mombasa's promising Changamwe area.
Kitchen Cabinets
24-hour Electricity