The property, Wood Avenue Park Apartments, sits on a half-acre plot of land located in one of Nairobi’s most ideal residential addresses. A 7-story building containing 56 2-bedroom units, 8 on every floor (all en suit).
Lifts to serve all the wings and a basement parking with 2 slots for every apartment and extra parking for visitors.
Monthly income for the property is KES 7,800,000 at full occupancy or about KES 140,000 per unit.
20 units already occupied while the remaining 36 are expected to get occupancy since the building is in a close proximity to Nairobi CBD (10 minutes).
Leasehold renewed in 2012 for 99 years with 92 years remaining.
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