Furnished 1bdrm Block of Flats in Kibute Estate, Thika for sale

Discover a lucrative investment opportunity in the heart of Thika, Kiambu County! This fully furnished block of apartments in Thika is ideally situated in the desirable Kibute Estate, just off Thika Road, offering both convenience and strong rental demand.

The property features a total of 37 units:

• 35 bedsitters each rented at KES 6,000/month
• 2 One-Bedroom Units each rented at KES 10,000/month

This generates a substantial monthly rental income of KES 230,000, making it an excellent cash-flow positive investment property. Priced at KES 27,000,000 (negotiable), this property offers an impressive return on investment.

The units are in fairly used condition and come fully furnished with modern amenities including:

• Tiled floors and pop ceilings
• Kitchen cabinets and shelves
• Wardrobes and TV points
• Dishwasher and hot water system
• Pre-paid electricity meters
• 24-hour reliable electricity
• One toilet per unit

All necessary documentation is available and in order, ensuring a smooth and secure transaction. Don't miss this chance to own a income-generating property in one of Thika's most promising neighborhoods!