We present a lucrative investment opportunity in a prime location at Tassia Estate, strategically situated less than 1 kilometer from Fedhaa. This property boasts a ready title deed, ensuring secure ownership.

Key Features:

• Plot Size: 50 by 150 feet
• Units: 12 modern 2-bedroom apartments
• Parking: Spacious parking lot accommodating 6 cars
• Layout: 2 blocks (one block has 8 units: 4 ground floor, 4 first floor, and the other block has 4 units)

Rental Income:

• 4 master ensuite units (2-bedroom): Ksh 19,000 per month
• 8 standard 2-bedroom units: Ksh 17,500 per month

Potential Monthly Income:

• Master ensuite units: 4 x Ksh 19,000 = Ksh 76,000
• Standard units: 8 x Ksh 17,500 = Ksh 140,000
• Total potential monthly income: Ksh 216,000

Growth Opportunities:

• Rent Review: Potential for rent increases for existing units, providing an opportunity to boost rental income.
• Redevelopment Potential: This property also offers opportunities for redevelopment, allowing investors to add additional storeys and increase potential rental income. With its prime location and existing infrastructure, the property is poised for significant growth and returns.

Market Value:

The property is valued between Ksh 50 million and Ksh 55 million, offering a competitive entry point for investors seeking high-yielding rental properties.

This property offers a promising investment opportunity with significant rental income potential, rent review opportunities, and redevelopment possibilities. Don't miss out on this chance to secure a valuable asset in a prime location.