Affordable Block of Flats for Sale in Kayole – Prime Rental Income Opportunity!

  • KSh 8,900,000.00
Nairobi
For Sale
Affordable Block of Flats for Sale in Kayole – Prime Rental Income Opportunity!
Nairobi
  • KSh 8,900,000.00

Overview

  • Apartments, Flats on sale, ⭕ Rentals & Property Management, ⭕ Residential
  • Property Type

Description

A Golden Investment Opportunity in the Heart of Kayole

Are you looking for a profitable real estate investment in Nairobi that guarantees steady passive income with high occupancy? Welcome to this block of flats for sale in Kayole, strategically located just steps from the Kayole D.O.’s offices — a vibrant and secure neighborhood bustling with rental activity.

With a competitive asking price of only Ksh 8.95 million, this property ticks all the right boxes for savvy investors seeking high rental yield, capital appreciation, and long-term income stability.

Let’s explore why this block is a smart investment.


1. Prime Location – Right in the Heart of Kayole

This three-storey building sits in one of the most prime areas in Kayole, near the D.O.’s office. Known for its high foot traffic, excellent infrastructure, and safety, this spot enjoys tremendous tenant demand year-round.

  • Walking distance to shopping centers, markets, schools, and hospitals
  • Easily accessible via both matatus and boda bodas
  • Secure neighborhood with community policing and street lighting

Whether you’re a local investor or a member of the diaspora, this is the kind of location that practically guarantees full occupancy.


2. Solid Construction & Expansion Potential

This is not a semi-permanent structure. The building boasts:

  • 3 well-built floors with solid slab roofing
  • 21 spacious single rooms, all fully occupied
  • Shared bathroom and toilet per floor – practical and cost-effective
  • Balcony on every floor – providing ventilation and comfort to tenants

But here’s the kicker:

💡 The upper slab is already in place, meaning you can add up to 7 more rooms with minimal structural investment.

With Nairobi’s ever-growing housing demand, this property provides both immediate income and future growth potential.


3. Steady Rental Income – Already Fully Occupied

This building is already generating rental income:

  • 21 units, each currently rented
  • Average monthly rent per room: Ksh 3,500 – 4,500
  • Estimated monthly income: Ksh 80,000 – 90,000
  • Potential income after adding 7 rooms: Ksh 110,000 – 130,000/month

Compare that to what you’d earn from land banking or speculative plots — this investment gives monthly cash flow from Day 1.

And with its affordability, it’s a favorite among:

  • Students
  • Young professionals
  • Small families

4. Ready Documents & Clean Title

One of the top concerns when buying property in Kenya is documentation. This property has been fully vetted and comes with:

  • Clean freehold title
  • All approvals in place
  • Up-to-date rent records
  • Ready for transfer upon agreement

Your lawyer or due diligence team will appreciate the transparency and order.


5. A Perfect Fit for These Buyers:

This property suits:

  • Investors seeking passive income
  • SACCOs and Chamas pooling money for solid investments
  • Diaspora Kenyans looking for ready-made rental income
  • Retirees who want reliable monthly earnings
  • Buy-and-hold strategists who want to grow their real estate portfolio

With all units fully occupied, you won’t have to hustle for tenants — the building works for you from day one.


6. ROI Breakdown – Why This is a Smart Deal

Let’s break down the numbers:

  • Purchase Price: Ksh 8.95M
  • Annual Rental Income (current): Approx. Ksh 1.05M
  • Projected Rental Income (with 7 new rooms): Ksh 1.5M/year

That’s a gross return of 11%–16%, significantly higher than many Nairobi plots or commercial properties.

Plus, as Nairobi’s population grows, rents in Kayole are expected to increase by 5–8% annually.


7. What Sets This Property Apart

  • ✅ Prime urban location with tenant convenience
  • ✅ Already generating income – no downtime
  • ✅ Fully approved and titled
  • Expansion potential without starting from scratch
  • ✅ Perfectly priced for mid-tier investors

You don’t just get a building; you get a business with cash flow and growth prospects.


Final Thoughts: The Time to Invest is Now

This block of flats for sale in Kayole is more than a property — it’s a turnkey business with proven rental income, tenant demand, and untapped potential.

If you’ve been looking for a Nairobi investment that balances affordability, income, and future growth, this is it.


Book Your Viewing Today:

FrontNine Advisory – We Help You Invest With Confidence.

Details

Updated on June 17, 2025 at 9:54 am
  • Price: KSh 8,900,000.00
  • Property Type: Apartments, Flats on sale, ⭕ Rentals & Property Management, ⭕ Residential
  • Property Status: For Sale

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