PRIME INCOME GENERATING PROPERTY FOR SALE IN ICIPE KASARANI AT KSH 13 MILLION

PRIME INCOME GENERATING PROPERTY FOR SALE IN ICIPE KASARANI AT KSH 13 MILLION

This income generating property in ICIPE, Kasarani offers immediate rental returns along with long term value potential, making it a smart pick for investors looking for a ready income stream in Nairobi.

LOCATION AND ACCESS

The property is located along Sportsview Hotel, Kasarani.

Sportsview Hotel sits on ICIPE Road, off Thika Road, making the area easy to identify and reach.

The area is close to Thika Road Mall and the Moi International Sports Centre, both well known landmarks in Kasarani.

Kasarani continues to attract residential and rental demand due to its proximity to Thika Road and its established amenities.

PROPERTY DETAILS

The plot measures 40 by 60 feet.

The title deed is ready.

The property is connected to the sewer line.

It sits within a secure, gated community.

RENTAL INCOME BREAKDOWN

The property comprises a 4 bedroom mansionette renting at Ksh 50,000 per month.

It also has 3 one bedroom units renting at Ksh 15,000 each per month.

The total rental income comes to Ksh 95,000 per month.

This works out to an annual rental income of Ksh 1.14 million.

WHY THIS INVESTMENT MAKES SENSE

This property is ideal for an investor seeking a strategically located asset with immediate rental income and long term value potential.

The combination of a larger family unit and smaller rental units spreads risk across multiple tenants rather than relying on a single source of income.

Its gated, sewer connected setting adds to its appeal for tenants looking for secure, well serviced housing in Kasarani.

PRICE AND CONTACT

The asking price is Ksh 13 million, negotiable.

Call or WhatsApp 0703506141 to book your viewing today.