Rental Building for Sale Ngoliba 3.5m

Exceptional Investment Opportunity in Ngoliba, Thika

Discover a lucrative commercial property for sale in the thriving area of Ngoliba, Thika. This rental building presents an ideal opportunity for investors seeking a steady income stream in a high-demand location. Strategically positioned just 100 meters off the Thika-Garissa highway-soon to be dualed-this property promises enhanced accessibility and future value appreciation.

Property Highlights

• Prime Location: Only 30km from Thika town and a mere 500 meters from Ngoliba shopping center, ensuring constant tenant demand.
• Spacious Plot: Sits on a generous 40 by 80 plot, offering ample space for potential expansion.
• Steady Rental Income: Currently comprises 10 single rooms at KES 1,500 each and 1 bedsitter at KES 3,500, generating a total monthly income of KES 18,500.
• Ownership Security: Comes with a ready title deed, ensuring a smooth and hassle-free transaction.
• Condition & Furnishing: Fairly used and unfurnished, allowing for customization to maximize returns.

Ideal for Business or Investment

This property is perfectly suited as a business center or rental investment, catering to the growing population in Ngoliba. Its proximity to key infrastructure and amenities makes it a magnet for tenants. Priced at KES 3.5 million (slightly negotiable), it offers an impressive return on investment. Don't miss out on this chance to own a value-packed property in one of Kiambu's promising areas!