11-Floor Block of Flats in Balozi, South B for Sale

11-Floor Block of Flats in Balozi, South B for Sale - 1
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Price Analysis Above Market

Based on 109 similar listings

Market Demand

High Demand

Details

Address
Balozi Estate
Condition
Fairly Used
Furnishing
Unfurnished
Property Type
Business Center
Square meters
5,000 sqm
Parking Spaces
10+
Secure Parking
true

11-Floor Block of Flats in Balozi, South B for Sale Highlights

  • Prime Location in Balozi Estate: Balozi Estate is a well-established residential and commercial area in South B, known for its accessibility and proximity to essential services. Properties here benefit from good transport links and a vibrant community.
  • Generous Plot Size: A substantial plot of 5000 square meters offers ample space for development, expansion, or diverse commercial activities. This size is ideal for businesses requiring significant operational area.
  • Ample Parking Facilities: With over 10 secure parking spaces, this property is well-equipped to accommodate numerous vehicles. This is a significant advantage for commercial properties, ensuring convenience for staff and clients.
  • Potential for Commercial Use: The property is zoned or suitable for a business center, indicating its potential for various commercial ventures. Such locations often attract a steady flow of customers and business opportunities.
  • Established Utilities Infrastructure: Properties in established estates like Balozi typically have access to reliable water and electricity supply. This ensures smooth operation for any business or residential use.

Description

• Eleven-story block of flats comprising 135 residential units. • Situated on a plot slightly larger than 1/8 acre in Balozi Estate, South B. • Features include a backup generator, borehole water supply, and a passenger lift. • Basement parking available with capacity for 10+ vehicles. • Property is fully occupied with a stable tenancy, offering immediate rental income. • All vital ownership documents are available for verification and due diligence. • Property Type: Business Center (as per original listing attributes).

Compare

11-Floor Block of Flats in Balozi, South B for SaleThis item
11-Floor Block of Flats in Balozi, South B for Sale
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ConditionFairly UsedFairly UsedFairly Used
Property TypeBusiness CenterBusiness CenterHotel
FurnishingUnfurnishedUnfurnishedFurnished
AddressBalozi EstateSasama EstateMambrui, Malindi
Square meters5,000 sqm5,000 sqm16,187 sqm
Parking Spaces10+10+—
Secure Parkingtruetrue—
PriceKSh 480,000,000KSh 350,000,000KSh 415,648,000