Prime Commercial Property in Town

Lucrative Commercial Plaza in Prime Majengo Location

Located in the vibrant business hub of Majengo, Mvita, this strategically positioned commercial property offers exceptional investment potential with its dual income streams from retail and residential units. The property consists of two identical buildings prominently situated on the main road, ensuring maximum visibility and foot traffic.

Property Highlights:

• Prime commercial location in bustling Majengo
• Freehold title - full ownership rights
• Two identical buildings on main road frontage
• Currently generating KES 510,000 monthly income
• Fairly used condition - ready for immediate occupancy

Income Breakdown:

• Retail Spaces: 5 shops @ KES 15,000 = KES 75,000
• Residential Units:
  • 9 Two-Bedroom apartments @ KES 25,000 = KES 225,000
  • 4 Three-Bedroom apartments @ KES 35,000 = KES 140,000
  • 2 One-Bedroom apartments @ KES 20,000 = KES 40,000
  • 1 Penthouse (2BR) @ KES 30,000
• Total Monthly Income: ~KES 510,000

This turnkey investment opportunity combines the stability of residential rentals with the high returns of commercial space in one of Mombasa's most dynamic neighborhoods. The property's prime location ensures consistent tenant demand and attractive rental yields.

Don't miss this rare chance to own a proven income-generator in Mombasa's commercial heartland. Perfect for investors looking for stable returns with growth potential.

Contact Rashida at 0733466707 today to arrange a viewing and secure your stake in this high-performing commercial asset!