Looking for an income-generating property with strong future development potential? This is an excellent opportunity for investors and developers in one of Mtwapa's fast-growing areas.
?? Location Situated in Mtomondoni, Mtwapa, directly opposite King's Baptist Church, with easy access via the Mtomondoni Creek tarmac road. The property is approximately 2 km from the expanding Mtwapa–Kilifi Highway, offering excellent connectivity and future appreciation potential.
Property Highlights
• Approx. 50 × 80 ft plot
• Freehold title
• Existing rental developments comprising:
? Shops
? Single rooms
? Bedsitters
? 1-bedroom units
• Current rental income: Approximately KES 50,000 per month
• Connected to mains water and electricity
• Septic tank and soak pit drainage system
Why Invest?
? Immediate rental income from existing tenants
? Prime location in a rapidly developing neighbourhood
? Ideal for redevelopment or expansion to increase rental yield
? Strong long-term capital appreciation potential.
Price:KES 10,000,000 negotiable
?? For more information or to arrange a viewing:
Call or WhatsApp: [redacted]
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