1bdrm Block of Flats in Zimmerman for Sale

(0)

Zimmerman 4 views Apr 04, 2025

KES 150,000,000 Selling

Overview
Last Updated Apr 04, 2025
Property ID 7600145
CategoryHouses and Apartments for Sale
Number of bedrooms1
Number of bathrooms1
PriceKES 150,000,000
Property AddressMirema co-operitive
Estate Namezimmerman
Property Size3200 sqm
Description

Prime Investment Opportunity in Zimmerman, Nairobi

This high-yielding block of flats presents an exceptional investment opportunity in the thriving Zimmerman neighborhood. Situated near Cooperative Bank on Mirema Road, this property consists of 104 well-maintained units spread across two prime plots (each 50x75 with separate titles).

Property Highlights:

  • Unit Mix: 88 one-bedroom units (KES 12,000/month) + 16 two-bedroom units (KES 16,000/month)
  • Monthly Income Potential: KES 1,312,000
  • Property Features:
    • Spacious basement parking for 30+ vehicles
    • Reliable borehole water supply
    • Secure compound with potential for value addition
  • Property Condition: Fairly used, semi-furnished units ready for occupancy

Investment Advantages:

With its consistent rental income and prime location, this property offers investors:

  • Immediate cash flow with existing tenants
  • Potential for value appreciation in growing Zimmerman area
  • Dual-title advantage offering flexibility
  • Minimal maintenance requirements

Asking Price: KES 150,000,000 - Serious investors only. This is a rare opportunity to own a turn-key income generating property in one of Nairobi's most sought-after neighborhoods.





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