• 4 bath , 24 bdrm multiplex – FOR SALE KES5,700,000 .
in Nairobi, Githurai
Block of Apartment for sale in Githurai Mwihoko, Rent – 60k
This property for sale in Githurai has two floors and sits on a plot of 40ft x 60ft. It has 23 units of single rooms and one double room. The property is about 200 metres from the Tarmac and the area is served with both water and electricity. The block of Apartment has an ablution block on each floor.
Features of the Githurai Apartments
– 23 single rooms, 1 double room
– Each unit rents for Kes 2,500 each
– Occupancy is high (currently at 100%)
– Each Floor has shared ablution block
– Lease hold
– Kiambu county
– The property is currently not connected with electricity and water and needs some repairs. With electricity, water connection and some repairs, the rent can be increased to Kes 3,500, giving an extra Kes 24,000 per month.
– With structural assessments, the building could extended to other floors.
The rental income of this unit is sufficient to support a mortgage and hence it presents Good value for Money.