For Sale $775,625
Property Details

For Sale $775,625
Commercial Farming
Description

Four Apartment Blocks Near Diani Airport

Commercial Farming -

This stylish 4-unit apartment building plus penthouse is now available for sale in the heart of Diani Beach. Situated just 300 m from shopping and 600 m from the white sand beaches of the Indian Ocean, this property offers an ideal investment opportunity.

Building A has been completed as part of a larger development project that is approved but not yet built. The land permits are still valid for constructing 3 additional buildings, presenting future development potential.

Key Features:

  • 4 spacious apartments, each with:

    • 1 living room with dining area (26 sqm)
    • 1 kitchen (10 sqm)
    • 2 bedrooms (22 sqm and 15 sqm)
    • 2 bathrooms (6 sqm and 5 sqm)
    • 1 terrace (17 sqm)

  • 1 luxurious penthouse with:

    • 1 living room (27 sqm)
    • 1 dining area (16 sqm)
    • 1 kitchen (10 sqm)
    • 3 bedrooms (24 sqm, 21 sqm, and 16 sqm)
    • 3 bathrooms (7 sqm, 5 sqm, and 5 sqm)
    • 1 half bathroom (2 sqm)
    • 1 laundry room
    • 1 pantry
    • 2 terraces (45 sqm and 32 sqm)

  • Units currently rented as short-term holiday rentals

  • Shared amenities:

    • Large tropical garden
    • Swimming pool
    • Ample secured parking

  • Freehold title available
  • Currently cash-flowing with rental management in place
  • Approved plans for 3 additional apartment buildings
  • Prime location in the heart of Diani Beach resort area

This unique investment offers an income-generating property in one of Kenya’s top beach destinations. With the approved plans, there is excellent potential to expand the development in the future.

Property Features
  • Commercial Farming
  • 20 Car Spaces

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