2bdrm Block of Flats in Ngumba Estate for Sale

Lucrative 24-Unit Residential Investment Property in Ngumba Estate

This well-maintained block of flats presents an exceptional investment opportunity in the rapidly developing Ngumba Estate, just off Thika Road in Kasarani, Nairobi. The property currently generates KSh 429,000 in monthly rental income from its 24 residential units.

Property Details:

• Unit Composition:
  • 1 x One-Bedroom Unit (KSh 15,000/month)
  • 23 x Two-Bedroom Units (KSh 18,000/month each)
• Plot Size: 40 x 80 feet
• Asking Price: KSh 55,000,000
• Property Condition: Fairly Used, Semi-Furnished
• Documents: Ready Title Deed available

Excellent Features & Amenities:

• Modern spacious wardrobes in all bedrooms
• Fully connected to municipal sewer line
• Quality finishes including tiled floors and pop ceilings
• Well-equipped kitchens with cabinets, shelves, and dishwasher
• Air conditioning and hot water systems
• Private balconies and dedicated dining areas
• Pre-paid electricity meters
• 24-hour reliable electricity

The property is located in a serene, well-developed neighborhood with excellent infrastructure and easy access to Thika Road's amenities. This turnkey investment is perfect for buyers seeking immediate rental income with potential for appreciation.

Contact Chris today at 0723 050 704 to arrange a viewing!