A Free-Hold Residential Building with a good rental income for sale in Bondeni, Mombasa CBD.
This building is located in the center of Mombasa's Business District, 200m from Nawal Center, 300m from the Post Office and Huduma Center. Its a free hold property of 0.04acre, with 5 floors structure of mixed used development. There are 13 shops on the ground floor, and 14 residential flats, of one and two bedrooms, from the 1st to the 5th floor.
This property was recently completed thus enjoys a high occupancy rate compared to the adjacent building due to its modern architectural design and finishing, with the owner staying within the property its been well maintained over its lifetime and its visible from the common area tidiness and management.
The interior is complimented with ceramic floor tiling, beautiful counter tops and hard wood cabinets, doors and wardrobes. Its well lit on all sections and enjoys the view of the ocean from the second floor, the ease of access to all the amenities and the comfort of the interior is what attracts people to this property.
It currently collects Ksh.474,000 monthly rent with room for expansion on an unfinished penthouse and storages currently in use by the owner. With the current valuation the property offer a ROI of 8% and a guaranteed capital gain on exit through rental increment.
For Any Further Consultation or Viewing Please Contact 0736-804747