Property details
Kisauni Road Apartment – Prime Investment Opportunity in Nairobi West
Description
- Description:
Kisauni Road Apartment – Prime Investment Opportunity in Nairobi West
Location: Kisauni Road, Nairobi West, Nairobi, Kenya
Overview: Kisauni Road Apartment presents an exceptional opportunity for investors seeking a lucrative asset in the thriving heart of Nairobi West. This residential complex, strategically positioned near key amenities, is designed for optimal occupancy and stable rental income.
Property Details:
- Total Units: 63
- 47 Two-bedroom units
- 16 One-bedroom units
- 1 Unit management caretaker suite
Amenities:
- Ample Water Reserve:
- Underground tank: 20,000 Litres
- Rooftop tank: 30,000 Litres
- Reliable water supply ensures uninterrupted living for all tenants.
Financial Highlights:
- Current Rent Collection: KES 2.188 Million/month at 97% capacity.
- Rental Rates:
- Two-bedroom units: KES 40,000 per month (inclusive of water)
- One-bedroom units: KES 36,200 per month (inclusive of water)
Strategic Location:
- Proximity to Nairobi West Hospital: Just a 4-minute walk or a 2-minute drive, making it ideal for hospital staff seeking nearby accommodations.
- Close to Strathmore University: Only 1.5 km away, catering to student housing needs and ensuring a steady stream of potential tenants.
Lease Information:
- Lease Title: Commencing in 1955, offering long-term security for investors.
Investment Appeal: Kisauni Road Apartment stands out as a high-yield investment with strong rental demand, thanks to its prime location, robust amenities, and steady income potential. Whether targeting medical professionals, students, or general tenants in Nairobi West, this property guarantees a consistent return on investment.
Don’t miss out on owning this income-generating residential complex in one of Nairobi's most sought-after neighborhoods.
Contact us today to schedule a viewing or to learn more about this exceptional investment opportunity.
Show all description - Total Units: 63
Location
- Neighborhoods: Hospital, Mombasa Road, Nairobi West, Nyayo Stadium, South B, South C, Upper Hill
Amenities & Features
- Features: