6bdrm Apartment in Banana Karuri for sale

Discover this outstanding 6-bedroom apartment building strategically located along Karuri Road in Banana, Kiambu. This fully occupied rental property presents a golden opportunity for savvy investors seeking immediate rental returns in one of the most sought-after neighborhoods.

Property Highlights

• Prime Location: Situated along Karuri Road with direct road access
• Generous Plot Size: Sitting on a spacious 40x90 plot
• Ready Title Deed: Clean ownership with all documentation in order
• Immediate Rental Income: Fully occupied with stable tenants
• Well-Maintained Condition: Fairly used but in excellent living condition

Current Rental Income Breakdown

This property currently generates KES 129,000 in monthly rental income with significant potential for upward revision:

• 3 one-bedroom units @ KES 10,000 = KES 30,000
• 3 one-bedroom units @ KES 11,000 = KES 33,000
• 3 one-bedroom units @ KES 12,000 = KES 36,000
• 2 two-bedroom units @ KES 15,000 = KES 30,000

Property Specifications

• Property Type: Apartment Building
• Total Bedrooms: 6 units (mixed configuration)
• Bathrooms: 7 toilets
• Furnishing: Unfurnished
• Condition: Fairly Used - Well Maintained
• Asking Price: KES 16,000,000

This property offers an exceptional 9.7% annual rental yield based on current income, making it one of the most attractive investment properties in Banana. The strategic location along the main road ensures continuous tenant demand and potential for capital appreciation.

Don't miss this chance to own a fully functional rental property in one of Kiambu's fastest-growing neighborhoods. If you're interested in other apartments for sale in Kiambu, we have various options available including unfurnished properties. Contact us today to schedule a viewing!