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Block of Flats for Sale Imara Daima – High-Yield Investment

location_on Mombasa Road, Imara Daima, Nairobi, Kenya

Ksh. 110,000,000

schedule Listed 11 months ago | tag Property ID: 15529
visibility 585 Views |
bed

Bedrooms

1

bathtub

Bathrooms

1

Property Overview

Block of Flats for Sale Imara Daima – Prime Investment Opportunity

This Block of Flats for Sale Imara Daima presents a rare and lucrative opportunity for investors seeking high returns in Nairobi’s fast-growing residential areas. Therefore, it is ideal for real estate investors looking for a fully occupied, income-generating property. Additionally, the building is strategically located just 365 meters off Catherine Ndereba Road and approximately 400 meters northeast of AA Kenya Embakasi, offering excellent visibility and accessibility.

According to Property KE listings https://propertyke.com/listings/, this property is an excellent alternative for those exploring investment properties in Embakasi or similar neighborhoods such as Ruai and South B. Furthermore, its modern construction and full occupancy make it a secure and profitable investment with strong capital appreciation potential.

Property Details and Layout

Land and Tenure

The property sits on approximately 0.0273 hectares (84 ft x 35 ft) of leasehold land, valid for 99 years from 8th January 1992. The 9-storey building maximizes land use while providing functional and modern living spaces.

Composition of Flats and Shops

The development includes 26 one-bedroom flats, 52 bedsitters, and 3 commercial shops on the ground floor. Consequently, it generates a consistent gross monthly rental income of Kshs. 974,000, offering excellent cash flow for investors.

Utilities, Infrastructure, and Accessibility

The property benefits from main electricity, water, and sewer connections. In addition, an on-site borehole supplements piped water, ensuring reliable supply. Furthermore, the tarmacked road frontage provides easy access to Catherine Ndereba Road and nearby amenities, enhancing the property’s appeal to tenants.

Prime Location Advantage

Imara Daima is a rapidly growing residential estate with strong demand for rental units. Therefore, this block of flats offers both steady cash flow and long-term capital growth. Investors can enjoy a hands-off investment with a fully occupied building in a prime location with high visibility.

Contact Property KE today to schedule a viewing or request more information about this Block of Flats for Sale Imara Daima. You can learn more from Property24 https://www.property24.co.ke, BuyRent Kenya , and HassConsult . Secure a high-yield investment property in one of Nairobi’s fastest-growing neighborhoods.

Key Details

Property ID 15529

Location & Neighbourhood

Located in Mombasa Road. Exact location provided after inquiry.

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