Land for sale
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About this property
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: 0743 606131
Features and amenities
Power & Utilities
24/7 power supply Prepaid meterProperty details
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Disclaimer
The information displayed about this property comprises a property advertisement. Kenya Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Kenya Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Edgestone Real Estate. Kenya Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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