The Apartment Block is located in Witeithie just 1.3Km from the Thika-Nairobi Superhighway. The building is accessed via Thika road.
In close proximity are schools, churches, as well as shopping centres. With basic and social amenities nearby, the property is a hotbed for investment.
Additionally, the area is well-developed with ample security.
The floor plan encompasses 10 one-bedrooms with plenty of room as well as 10 bedsitters with a sleek and stylish kitchen area. The rooftop, complete with hanging lines, ensures you have space where they can enjoy the view as well as air out your clothes.
This development is perfect for an investor especially since there are schools around the area. We’ll break down the passive rental income you’ll likely receive if you buy this project.
The Income Breakdown:
The Witeithie Apartment Building consisting of 1 Blocks and has a current monthly rental income of Kes 125,000.
For the units:
10 units bedsitter renting @Kes 5,500. A total of Kes.55,000
10 units one-bedrooms renting @Kes 7,500. A total of Kes.75,000
Note: Furthermore, the building is approved for 4 Floors so you can add more one-bedrooms and bedsitters. Will bring a total of over Kes.125,000 as well.