Block of apartments for sale in Rongai, off Magadi Road

Rongai , Olerai

Ksh. 30,000,000

Description

This property is located 800 metres off Magadi road and next to Olerai Primary, Olerai Area, Ongata Rongai Township.

Accommodation details include the following:-

GROUND FLOOR – 3RD FLOOR:

Passage
Staircase lobby
2 No. One bedroom flats comprising of :-
- Entrance porch.
- Living/dining room.
- Kitchen with service hatch and door to rear verandah/balcony.
- Passage.
- Common washroom with overhead shower, western WC and WHB.
- 1 No. Bedroom
3 No. Two bedroom units comprising of: –
- Entrance porch.
- Living/dining room.
- Kitchen with service hatch and door to rear verandah/balcony.
- Passage.
- Common washroom with overhead shower, western WC and WHB.
- 2 No. Bedrooms

ROOF TOP:

Lobby with staircase landing.
Store.
Caretaker’s unit comprising of:-
- Living room cum Bedroom with a Kitchenette.
- Common washroom with overhead shower, western WC and WHB.

Other features include:

Built up area is approx. 1,083.90 SQ.M. or 11,667 SQ.FT.
Lot measures 0.05 HA or 0.124 acres.
Freehold Interest.

Water, electricity and sewer are connected to the property from the mains while social amenities are available from within the Olerai Area and along Magadi Road.

If fully occupied, the property can fetch a gross rental income of Kshs. 264,000 per month.

This property is conveniently located within Olerai Area next to Olerai Priamary schol, an area characterized by a mix of Vacant plots, owner-occupier houses and multi-storey block of rental flats.

Due to the high population in the area, this block of apartments offers as a good investment opportunity for any interested buyers.