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Flat for Sale in Ruiru Matangi

Flat • For Sale
Trending
KSh10,000,000
Kulta-ID - 00918
0.0072 ac
KIAMBU
1
Bedrooms
1
Bathrooms
0.0072
ac
4
Stories

About This Property

Most rental investments ask you to wait years before they pay for themselves. This one's already there — 12 units, fully tenanted, generating roughly KSh 86,000 a month before you've spent a shilling on it.

It's a 40×60 ft plot in Matangi, Kwa Mundia, carrying four one-bedrooms, four large bedsitters and four studios — a tenant mix built to hold up through Ruiru's rental cycles rather than lean on one type of renter. Water runs, power's connected, the access road holds up.
On paper that's a gross yield around 10.3% against the asking price — solid, though worth running your own numbers on vacancy and upkeep before you lock it in, since that's before the usual costs of managing 12 doors. The seller's asking KSh 10M, down from 11M, and wants it moved.

Around it, Matangi keeps you close to what a rental block needs nearby — Matangi AP Police Post for security, Spur Mall and Equity Afia Healthcare for the everyday stuff, NIBS Preparatory School and College close enough to matter, with Thika Superhighway a short pull away.
This is a property that's already proven itself. The next owner just has to collect.

Plot Size: 40×60 ft
Units: 12 (4 one-bedroom | 4 large bedsitters | 4 studios)
Monthly Rental Income: ~KSh 86,000
Gross Yield: ~10.3%
Water & Electricity: Connected
Location: Matangi, Ruiru (Kwa Mundia)
Price: KSh 10M (reduced from 11M)

Ready to see the rent roll and walk the property? Talk to Roy 

Property highlights

Key reasons buyers are interested in this listing

Near schools

Education within easy reach

Rental demand

Active tenant interest area

Secure community

Gated or guarded access

Road access

Well connected by road

Listing activity

91 Views
0 Saves
0 Inquiries
33 Days listed

Location Details

Address: RXRX+VW3, Matangi Rd, Ruiru, Kenya
Town: MATANGI / KIMBO
County: KIAMBU
Constituency: JUJA
Ward: MURERA

Property Location

Nearby places

Points of interest around this property — maps integration coming soon.

Schools

Primary, secondary & colleges nearby

Coming soon

Hospitals

Clinics and hospitals in the area

Coming soon

Malls & shopping

Retail and shopping centres

Coming soon

Roads

Major roads and access routes

Coming soon

Transport

Public transport & matatu routes

Coming soon

Distance and travel times will be powered by Google Places in a future update.

Listed by

Roy Ndichu

Roy Ndichu

Real Estate Agent/Broker

Price: KSh10,000,000
Type: Flat
Purpose: For Sale
ID: Kulta-ID - 00918

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