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Zimmerman 5 views Apr 29, 2022
KES 10,000,000 Selling
Last Updated | Apr 29, 2022 |
Property ID | 5766025 |
Category | Commercial Property for Sale |
Price | KES 10,000,000 |
Square Metres | 250 sqm |
Parking Spaces | 2 |
This fully occupied commercial bungalow presents a rare investment opportunity in the thriving Zimmerman neighborhood of Nairobi. The property sits on a 50x75 titled plot and currently houses 4 two-bedroom rental units, each fetching KES 12,000 per month for a total monthly income of KES 48,000.
The property's strategic location in Zimmerman offers excellent accessibility and visibility, making it ideal for continued rental success or potential redevelopment. With secure parking and established tenancies, this turnkey investment delivers immediate cash flow.
Currently generating KES 576,000 annually, this property offers a solid foundation for your investment portfolio. The titled deed provides security, while the established rental history demonstrates consistent demand. Whether you're looking for a hands-off income property or a value-add opportunity, this commercial bungalow delivers.