Commercial Land for Sale in Ongata Rongai, Kajiado
There are 1 available commercial land for sale in Ongata Rongai, Kajiado, Kenya. The commercial land have been listed by estate agents who can be contacted using the contact information provided for each commercial land listing. The list can be filtered by price, furnishing and recency.
Real estate investment can be a profitable venture for those who are willing to put in the effort.
however, with numerous investment options available, it can be challenging to determine which opportunities are worth pursuing
one investment option you shouldn't overlook is owning an apartment building. it's not always the most hands-off option, but if you're looking for a long-term investment that offers;
- a steady income flow - with the rent due every month, an apartment building offers unrivaled cash flows
- capital appreciation -- people will always need a place to live so your investment, if well maintained, will increase in value over time
- inflation hedge - owning an apartment building is one of the best possible investments because owners can hedge inflation in two ways --- through capital appreciation and rent increases. some of the effects of inflation will be naturally absorbed by capital appreciation and the apartment building owner can easily pass the rest onto tenants through rent increases
then owning an apartment building is perfect for you.
investing in apartments requires careful consideration of various factors such as location, market demand, affordability, growth potential, rental income potential, legal considerations like zoning laws etc. because they all have a significant impact on the success of your investment
whether you're a seasoned investor or a first time investor, finding the perfect location to invest in can be a minefield. the last thing you want is to be stuck with a rental property that no one is willing to occupy.
a perfect location would be one with high growth potential, within a commutable distance to the cbd and with access to quality infrastructure and conducive social amenities like a sound transport system, reputable schools and hospitals, shopping malls, cafes and restaurants, banks etc.
that's why this 70*100ft commercial plot that's on sale in the heart of ongata rongai -tusky's - is the perfect place to build your dream apartments
it is rectangular in shape, gently sloping, boasts of cotton soil (perfect for high-rise construction) and sits just 300mts off tarmac (rongai -- kiserian rd), along kingdom hall rd
the plot holds a free-hold title deed that will ensure that your due diligence, financing and the transfer process will be smooth and straight forward
all essential amenities -- mains electricity and county water -- are connected to the property. the county's sewer system is within reach
the plot is value added with a mabati perimeter fence all round, a double door steel gate and 3 fully occupied 2-bedroom houses so you'll start earning rental income immediately.
purchasers can develop the property further to increase rental returns, or, choose to redevelop the property and take advantage of its strategic location
this neighborhood enjoys excellent security with the ongata rongai police post only a short distance away
rongai has several well-known hospitals, banks, hotels, schools, and malls to cater to the growing community in the town
when it comes to commuting, the upcoming bomas - kiserian dual carriageway will ease traffic to-and-from the cbd (only 17kms away) while the nearby sgr station and the kitengela-rongai bypass will open up the town even further
the property can be purchased in cash (with a 90-day payment plan) or through bank/sacco financing
for only kshs. 21m (which is negotiable), you can start on your investment journey and set yourself up for financial freedom for the rest of your life...
want to schedule a viewing?
call mbugua now on 0725414068...