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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