Prime Commercial Investment Opportunity in Lavington, Nairobi
This exceptional commercial property presents a lucrative investment in one of Nairobi's most sought-after neighborhoods. Situated on 3/4 acre in Amboseli, off Lavington, this well-established apartment complex offers 106 units across two distinct blocks with consistent monthly rental income of KES 2,035,000 at full occupancy.
Property Highlights:
- Total Units: 106 income-generating apartments
- Old Block Features:
- 51 bedsitter units @ KES 12,000/month
- 12 one-bedroom units @ [price to be confirmed]
- New Block (Built 2019):
- 7 one-bedroom units @ KES 25,000/month
- 36 two-bedroom units @ KES 28,000/month
- Current Status: 100% occupancy rate
- Additional Land: Includes undeveloped 1/4 acre under same title
Property Features:
- Property Type: Terraced Duplex
- Condition: Newly-Built (New block completed 2019)
- Furnishing: Fully Furnished
- Parking: 10+ secure parking spaces
- Location: Prime Lavington neighborhood, Nairobi
This turnkey investment property offers immediate cash flow with potential for further development on the remaining 1/4 acre parcel. The strategic location in Lavington ensures consistent demand from quality tenants, making this an outstanding opportunity for investors seeking stable, high-yield returns in Nairobi's real estate market.
Asking Price: KES 250,000,000