Kiambu Newly Built Apartment for Sale in Kirigiti. 65M

Kiambu Newly Built Apartment for Sale in Kirigiti.

This newly built apartment block is now available for sale in Kirigiti, Kiambu. It presents a compelling investment opportunity in this sought-after residential neighborhood.

The property features a well-balanced mix of residential units. Furthermore, it offers generous parking space for up to 20 cars, a significant advantage in this built-up area.

Unit Composition & Monthly Income:

8 units of 2 bedrooms at Ksh 30,000 = Ksh 240,000
12 units of 1 bedroom at Ksh 23,000 = Ksh 276,000
4 units of bedsitters at Ksh 14,000 = Ksh 56,000

Total Monthly Rental Income: Ksh 572,000

Key Highlights:

24 residential units in total
8 two-bedroom units
12 one-bedroom units
4 bedsitter units
Parking space available for 20 cars
Newly built with modern finishes
Prime location in Kirigiti, Kiambu

Selling Price: Ksh 65,000,000

Investment Analysis:

This property generates a strong monthly income of Ksh 572,000. Consequently, it offers attractive returns from day one. The unit mix caters to diverse tenant preferences, from families to single professionals and students. Therefore, vacancy risk is minimized throughout the year.

The dedicated parking for 20 cars is exceptionally rare in Kirigiti. Most properties in this area struggle with parking congestion. As a result, this feature ensures higher tenant retention and justifies competitive rental rates.

Location Advantages:

Kirigiti is a prime residential area within Kiambu town. It enjoys proximity to major schools, hospitals, and shopping centers. Additionally, Kiambu Road provides excellent connectivity to Nairobi’s CBD and surrounding areas. Consequently, the area attracts both families and professionals seeking quality rental housing.

The property’s position in a well-established neighborhood ensures consistent tenant demand. Moreover, Kirigiti continues to benefit from ongoing infrastructure development and urban growth.

Contact – UrbanGreen Real Estate
Call/WhatsApp: +254 759 822 955
Email: sales@urbangreenrealestate.co.ke
Visit: www.urbangreenrealestate.co.ke

Explore More APARTMENT BLOCKS>