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FOR SALE: 1/4 ACRE COMMERCIAL PLOT, DOWN TOWN MOMBASA

$1,500,000

 (Negotiable)

Description

Type : Sell
Location : RONALD NGALA ROAD
FOR SALE: COMMERCIAL PROPERTY, MOMBASA.
1/4 ACRE CORNER PLOT-RONALD NGALA ROAD.
A very prime plot ideal for re-developement with favourable R.O.I such as:    
🔥Apartment block.
🔥Office/business block.
🔥Hospital etc.
The property currently has an income of approx. KSH 1M.
FEATURES:
🔥Corner plot.
🔥Freehold title.
🔥Sewer-line.
🔥Borehole.
INCOME BREAK DOWN.
🔥45 Single units@Ksh 15k/unit= Ksh 675k.
🔥31 Shops@Ksh 15k/unit=
Ksh 465k.
🔥Total income: Ksh 1,140,000.

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Location

RONALD NGALA ROAD

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