Unlock an exceptional investment opportunity in one of Ruiru's fastest-growing zones! This multi-unit apartment block sits just behind the iconic Kamakis meat joints, with unbeatable visibility and accessibility from the Eastern Bypass (only 500m away).
📌 Property Overview
📍 Location: Ruiru, Kamakis – strategic corner plot just minutes from major highways
📐 Plot Size: 86ft x 72ft with full approvals for up to 8 floors
🏗️ Current Structure:
Ground Floor: Two 1-bedroom units (currently rented at KSh 15,000 each)
First Floor: Four 2-bedroom units – fully tiled and renting at KSh 35,000 each
Second Floor: Four 2-bedroom units – plastered, awaiting tile work
🔧 Development Potential
🏢 Approved architectural designs and drawings for 8-storey expansion
🚪 Provision for lift installation already factored in
⚡ Water, power, and infrastructure ready
🛠️ Foundation and structure are solid – ideal for scaling upwards
💼 High monthly rental income with potential for over KSh 500,000/month once fully occupied
💰 Financial Details
⚠️ Property is charged to a bank due to an outstanding loan
💳 Seller open to financing options and flexible payment plans
📉 Valuation: KSh 45M
🔥 Distress Sale Price: KSh 35M – slightly negotiable
🌟 Why This Property?
Booming neighborhood with massive rental demand
Perfect blend of completed and customizable spaces
Approved for future growth with ready documentation
Walking distance to Eastern Bypass and thriving social amenities
