🏢 Block of Flats with Penthouse for Sale – Zimmerman (Canopy Area)

Block of Flats with Penthouse for Sale – Zimmerman (Canopy Area)

An Income-Generating Investment Opportunity Just 400 Metres Off Kamiti Road

Property Summary

This prime property presents a rare opportunity for investors seeking a high-return asset in one of Nairobi’s fastest-growing rental markets. Located within Zimmerman’s Canopy area, only 400 metres from Kamiti Road, the development consists of a fully-let block of flats together with a uniquely designed 4-bedroom all-ensuite penthouse.

The property offers a consistent monthly rental income of Kshs. 416,000 (Kshs. 4,992,000 annually), making it an attractive option for investors seeking immediate returns.

Land size: 40 by 75 ft plot (0.0268Ha)

Accommodation Details

Apartments Block

• 36 Bedsitters – spacious and in high demand for the area

• 4 One-Bedroom Units – ideal for young professionals and small families

Exclusive Penthouse

A modern and stylish 4-Bedroom Penthouse (all ensuite), thoughtfully designed to provide comfort and privacy.
Key features include:

• Private access for enhanced exclusivity

• Expansive verandah for outdoor living and relaxation

• Elegant lounge with fireplace

• Separate dining area for family gatherings

• Fully fitted kitchen with granite worktops and ample cabinet space

• Gypsum ceilings and modern tiled finishes throughout

• Inbuilt wardrobes in all bedrooms

• All bedrooms ensuite, each with a private balcony

• Additional external store and private terrace/patio

Amenities

• Reliable water, electricity, and sewer connections

• 15,000-litre underground water tank

• 10,000-litre rooftop tanks ensuring uninterrupted supply

• Secure compound within a well-established rental neighborhood

• High-quality finishes that enhance both tenant appeal and durability

Location Advantage

• Proximity to major transport routes: Quick access to Thika Superhighway, Northern Bypass, and Kamiti Road

• Close to TRM Mall (Thika Road Mall) and other key shopping, entertainment, and business hubs

• Situated in a vibrant neighborhood with numerous apartment blocks, ensuring sustained rental demand

Investment Highlights

✅ Fully occupied with stable rental income stream
✅ Prime location in a high-demand rental market
✅ Modern finishes and well-maintained property
✅ Ideal for portfolio diversification with both residential and commercial rental appeal

Financials

• Current Monthly Income: Kshs. 416,000

• Annual Income: Kshs. 4,992,000

• Asking Price: Kshs. 41,000,000

Contact Information

For more details or to schedule a viewing, please contact:

📞 0725 993 605

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