Prime Investment Opportunity! Incomplete 15-unit Apartment Block In
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Property Description
Prime Investment Opportunity! Incomplete 15-Unit Apartment Block in Matasia Town
Location:** Matasia Town, Ngong -- A fast-growing neighborhood with excellent proximity to major amenities, schools, shopping centers, and transport links. Just a walking distance to the bus stage for easy commuting.
** Property Overview:**
- **Structure:** Planned **15 two-bedroom units** across **5 floors** (3 units per floor).
- **Current Status:** Shell of **2 floors completed** (6 units), **3 more floors remaining** -- a fantastic opportunity to customize and finish construction to your standards.
- **Land Size:** Spacious **100 x 100 ft plot** with ample room for **parking space** and future expansion.
- **Asking Price:** **KES 35M (Negotiable)** -- A rare chance to own a high-yield property at a competitive price!
** Strong Rental Income Potential:**
- Each **2-bedroom unit** currently rents for **KES 20K--25K/month** in the area.
- Upon completion, the **entire block could generate KES 300K--375K/month** in rental income!
** Why Invest?**
**Prime Location** -- Close to transport, markets, and urban conveniences.
**Scalable Investment** -- Complete at your own pace and maximize returns.
**High Demand** -- Matasia is a thriving residential and commercial hub with growing demand for quality housing.
**Ample Parking & Space** -- Well-planned layout for convenience and attractiveness to tenants.
Property Details
| Property Ref: 51534 | Added On: 30 Jul 2025 | Last Updated: 30 Jul 2025 |
| Market Status: Available | Type: Apartment | Bedrooms: 2 |
| Bathrooms: 1 | Toilets: 2 |
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The information displayed about this property comprises a property advertisement. Kenya Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Kenya Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Ngong Hills Agency. Kenya Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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Kahara Road, Ngong, Kajiado, Kenya
0722 XXXX Show Phone
+25410
Registered 4 years ago
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