This Incomplete Building With Already Occupied 9 Bedsitters,

(0)

Kamakis, Ruiru 4 views Mar 11, 2025

KES 8,500,000 Selling

Overview
Last Updated Mar 11, 2025
Property ID 17101416
CategoryLand and Plots for Sale
PriceKES 8,500,000
Land Area0.125 ac
Description

Exceptional Investment Opportunity in Kamakis, Ruiru

Attention investors and developers! This prime 50x100 plot in the rapidly growing Kamakis area presents an outstanding opportunity with an incomplete 9-bedsitter building already generating rental income. Currently fetching Ksh 4,500 per unit, this property offers immediate cash flow with potential for significant appreciation.

Property Features:

  • Prime Location: Situated in the heart of Kamakis, Ruiru, a high-demand residential area
  • Generous Dimensions: Spacious 50x100 feet plot ideal for expansion or redevelopment
  • Existing Income Stream: 9 occupied bedsitters providing steady rental income
  • Excellent Infrastructure: Already connected to water, electricity, and sewer systems
  • Strategic Position: Proximity to major highways, shopping centers, schools, and public transport

Why This Property Stands Out:

The Kamakis area is experiencing tremendous growth, making this the perfect time to invest. With the existing partial structure and occupied units, you can continue operations while planning your ultimate development. The property's location ensures high tenant demand and easy accessibility to Nairobi's major employment centers.

This turnkey investment opportunity combines immediate returns with long-term appreciation potential. Whether you choose to complete the current structure or redevelop the entire plot, this property offers exceptional flexibility for investors.

Asking Price: KES 8,500,000 - A competitive price for a property with such strong fundamentals in this high-growth area.


Features

Domestic Sewage

Electric Supply

Water Supply





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