Furnished 1bdrm Block of Flats in Thika Road Waitethia for sale

Discover an exceptional investment opportunity in the heart of Waitethia Estate, Thika! This well-maintained block of flats is perfectly positioned for investors seeking a high-yielding investment property in Thika with consistent rental income. Currently generating KES 230,000 per month, this asset promises excellent returns and long-term financial growth.

The property comprises 35 fully furnished bedsitters in Thika, each renting at KES 6,000, and 2 spacious one-bedroom units at KES 10,000 each. With a total of 37 units, this establishment is ideal for those looking to expand their real estate portfolio or enter the lucrative rental market. The asking price is KES 27,000,000 negotiable, making it a competitive offer in the Kiambu real estate landscape.

Features and facilities include:

• 24-hour electricity with prepaid meters for efficient utility management
• Modern tiled floors and pop ceilings throughout
• Functional kitchen cabinets and shelves in each unit
• Reliable hot water supply
• Private balconies offering outdoor relaxation space
• Well-maintained toilet facilities (1 per unit)

Located along Thika Road, the property benefits from excellent accessibility to Nairobi, major highways, shopping centers, and social amenities. Its "fairly used" condition means it is move-in ready, requiring minimal upfront investment. Don't miss out on this chance to own a income-generating gem in one of Thika's most promising neighborhoods!