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Ngumba Estate, Kasarani 3 views May 26, 2023
KES 20,000,000 Selling
Last Updated | May 26, 2023 |
Property ID | 13399932 |
Category | Commercial Property for Sale |
Price | KES 20,000,000 |
Square Metres | 3577 sqm |
This fully let, income-generating mini-flat plaza presents an exceptional investment opportunity in the thriving Ngumba Estate neighborhood of Kasarani, Nairobi. Currently generating Ksh 180,000 in monthly income, this commercial property offers immediate cash flow along with significant potential for expansion and increased returns.
The property's current configuration as nine two-bedroom units makes it ideal for residential rental income, while the commercial zoning and expansion potential allow for future development possibilities. The units come fully furnished, reducing vacancy periods and making this a turnkey investment opportunity.
Ngumba Estate continues to experience strong growth in both population and infrastructure development, making this an excellent time to secure this income-producing asset at the competitive asking price of KES 20,000,000. The existing rental income provides an attractive yield while the vertical expansion potential offers substantial upside.
Don't miss this chance to own a proven income generator in one of Kasarani's most desirable neighborhoods!