5 Storey Block of Flats in Kiganjo Estate in Thika

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Kisii Estate, Thika 4 views Mar 21, 2025

KES 24,000,000 Selling

Overview
Last Updated Mar 21, 2025
Property ID 19656449
CategoryNew Builds
PriceKES 24,000,000
Status of ConstructionFacade Finished
Housing ClassComfort
Estate NameMUTHAIGA AREA
Property TypeOther
Property Size1617 sqm
Number of Floors5
Description

Prime Investment Opportunity: 5-Storey Block of Flats in Thika

We are pleased to present an exclusive distress sale of an 80% complete 5-storey block of flats located in the Muthaiga area of Kiganjo Estate, Thika. This prime property sits opposite Ananas Mall, offering excellent accessibility and potential for high returns.

Property Features:

  • Property Type: 5-storey block of flats
  • Unit Mix: 5 bedsitters & 26 one-bedroom units
  • Land Size: 0.2 acres
  • Construction Status: Facade finished (80% complete)
  • Security: Gated community with controlled access (cars only)
  • Location: Kisii Estate, Muthaiga area, Thika, Kiambu County
  • Housing Class: Comfort

Financial Details:

The market value of this property is KES 35 million, but due to the current circumstances, it's being offered at an unbeatable distress price of KES 24 million - representing significant savings for the buyer.

Why Invest in This Property?

This property offers a rare opportunity to acquire a nearly-complete development in a prime Thika location at below-market value. The strategic location opposite Ananas Mall ensures high demand for rental units. With only 20% remaining to complete, you can quickly begin earning rental income or customize the finishes to your preference.

Don't miss this chance to own a quality development in one of Thika's most sought-after neighborhoods at a fraction of its true value!





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