KITENGELA INCOMPLETE APARTMENT

PROP/IHL/S20
Price: Ksh. 33,000,000 (USD 330,000)
Location: Kitengela Town, behind landmark apartment by the name “Maiyanat Apartment”

•  It has been built on a quarter plot, up-to second floor, this would have been magnificent apartment is available for sale, "as is, where is basis".
• The plot alone around this place cost Ksh. 7,500,000 for an eighth. Hence cost of land alone is Ksh. 15,000,000.
• Water and electricity already connected. We have all the drawings for the 'would be 4 storey building”, bill of quantity, approvals etc.
• The ground floor is 90% complete, with 4, 2-bedroom units and 2,1-bedroom units.
• First floor has 5, 2 bedrooms units; 2,1bedroom units and 2 bedsitters units. This then applies to the other incomplete 2.5 floors.
• The water reservoir tank is 25 meters deep, with 10 ft length and 10ft width.
• The rental income around here is Ksh. 18,000 for two bedrooms, Ksh. 12,000 for 1 bedroom & one bedsitter at Ksh. 8,000 each.
• The foundation has been excavated creating a very strong foundation, which can support over 25 floors, though approvals was for 4 floors.
• This is an investment to yearn for, for those who aspire to invest in a high returns investment.