RENTAL PROPERTY FOR SALE IN NJIRU NAIROBI AT KSH 17,000,000 EARNING KSH 140,000 MONTHLY

RENTAL PROPERTY FOR SALE IN NJIRU NAIROBI AT KSH 17,000,000 EARNING KSH 140,000 MONTHLY

This rental property in Njiru offers a ready title deed, existing rental income, and room for further development, making it a strong investment for buyers looking for a property that already earns while still leaving room to grow.

LOCATION AND PLOT DETAILS

The property is located in Njiru, along Njiru Nairobi Road.

The plot measures 40 by 100 ft.

The title deed is ready.

CURRENT RENTAL INCOME

The property currently earns Ksh 140,000 per month.

It comprises 9 one bedroom units renting at Ksh 11,000 each.

It also has 2 two bedroom units renting at Ksh 17,000 each.

There is also 1 shop renting at Ksh 7,000.

UNFINISHED UNITS AND PROJECTED INCOME

The property has 5 unfinished one bedroom units and 1 unfinished two bedroom unit.

Once completed, these units are projected to add Ksh 72,000 per month in additional rental income.

This would bring the total projected rent to Ksh 212,000 per month.

DEVELOPMENT POTENTIAL

There is ample room for additional floors on the existing structure.

There is also an opportunity to increase the number of rental units further.

Buyers can benefit from existing rental income while still having significant room for future growth.

PRICE AND CONTACT

The selling price is Ksh 17 million.

Call or WhatsApp 0727469119 or 0703506141 for more information and to arrange a viewing.
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