Distress Appartment for Sale Ruiru Kamakis 35m

Discover an exceptional investment opportunity in the heart of Kamakis, Ruiru! This prime commercial land in Kamakis is available at a distress sale price of KES 35 million (slightly negotiable), making it a rare find for savvy investors and developers.

Strategically located just 500 meters from the Eastern Bypass and behind the famous Kamakis meat joint, this property offers unparalleled accessibility and visibility. The land spans an impressive 86 by 72 feet plot, providing ample space for development.

Key Features:

• Approved for up to 8 floors with full architectural designs and drawings ready
• Lift provision included in the plans
• Partially constructed: First floor fully tiled, second floor skimming completed (awaiting tiling)
• Existing units:
  • Ground floor: Two 1-bedroom units
  • First floor: Four 2-bedroom units (renting at KES 35,000 each)
  • Second floor: Four 2-bedroom units (ready for completion)
• Finance options and payment plans accepted
• Charged to a bank (outstanding loan to be cleared)

This is a turnkey opportunity to acquire a premium commercial property in one of Ruiru's most vibrant locations. Perfect for developers looking to maximize returns in a high-demand area with various investment land opportunities in Ruiru. The property represents excellent prime land in Kamakis that's already generating rental income while offering significant development potential.