Immediate Income Generation: The existing 10 two-bedroom ensuite apartments with a projected rental income of Ksh 350,000.
High-Demand Unit Type: Two-bedroom ensuite apartments are typically highly sought after Rongai area.
Significant Development Potential: The half-acre plot has ample space for the current block and allows for the construction of an additional three apartment blocks. Offering substantial future growth and increased income potential.
Self-Sufficient Water Supply: The presence of a reliable borehole and a state-of-the-art water treatment plant ensures a consistent and clean water supply, reducing operational costs and enhancing tenant satisfaction.
Ample Parking: Sufficient parking for tenants.
Strategic Location: Being situated off Magadi Road in a growing area of Rongai providing good accessibility and potential value appreciation.
Reduced Initial Development Hassle: The existing apartment block eliminates the initial complexities and timelines associated with ground-up construction.
