Commercial property for sale
Cbd, Ngong, Kajiado
Premier investment: quarter-acre plot for sale in ngong cbd (scheme 305)
seize a rare opportunity to acquire a strategic commercial plot (quarter acre) in the heart of ngong cbd, specifically within the highly profitable scheme 305. this property is primed for high-density residential development, guaranteeing exceptional returns on investment due to its unparalleled proximity to essential amenities.
investment profile & location
size: quarter acre (100 x 100 feet equivalent)
asking price: kes 30,000,000 (thirty million shillings) -- negotiable.
location: scheme 305, ngong cbd.
proximity: unbeatable accessibility---just 400 meters from milele mall and walking distance to the ngong bus stage and all major banks, hospitals, and social amenities.
development potential; scheme 305 is renowned as the primary rental destination in ngong, making this plot ideal for a profitable apartment complex.
current structure: the land features an existing old 4-bedroom house, which can be utilized for temporary income or demolished to pave the way for modern, high-rise apartments.
topography: the land is flat and square-shaped, minimizing construction complexity and cost.
rental yield: the demand in this location is extremely high. a quality two-bedroom apartment constructed here can command a monthly rent of kes 30,000 to kes 50,000, depending on the quality of finishes and amenities provided.
this is a critical asset acquisition for investors targeting significant rental income and capital appreciation in a highly centralized and accessible transport h...
More details
KSh 30,000,000
Ngong Hills Agency
0722679098