Build Your Dream Apartments

Thinking of putting up residential apartments? Think Ngong!

Investing in an apartment building is a great way to secure your family's future.

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 (rent is due every month),

Capital Appreciation (the value of real estate tends to increase over time) and an Inflation hedge (through capital appreciation and rent increases), then owning a block of apartments 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, but finding the perfect location to invest in is where it all starts.

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, excellent security, within a commutable distance to the CBD and with access to quality

infrastructure and conducive social amenities like a huge road network and a sound transport system

That's why this ½ an acre plot that's on sale within the ever in-demand Olepolos area in Vet; Ngong is the perfect place to build your dream apartments

The plot is vacant, rectangular in shape, has a gentle gradient ensuring good drainage, boasts of red soil (which is perfect for construction) and conveniently sits just 500mts off tarmac (Diolepolos Rd)

It holds a Free-hold Title Deed that will ensure your due diligence, bank financing (should you need to take a loan) and the transfer process are smooth and straight forward

The plot has been value added with a stone perimeter wall on one side while a well-kept kei-apple fence secures the rest of the property

Reflecting a demand-driven mix of land use, this plot lends itself well for the construction of residential flats in line with the neighborhood character. And with a 2 bedroom house currently letting for Kshs. 25-30k p/m, this investment will provide a handsome return

All essential amenities - mains electricity, internet connection and county water (from the Olepolos water project) are within reach

This neighborhood enjoys excellent security with the Olepolos Police Post only a short distance away

Olepolos is a well -- developed populous area that sits just 5minutes outside of Ngong Town with her wide array of amenities such as reputable schools and hospitals, cafes and restaurants, government offices and agencies, banks, supermarkets, places of worship and other social hotspots -- something that has made it very popular with residential developers and ultimately end users

Accessibility is also a key consideration when choosing a location to build apartments. This area enjoys easy access to major roads and/or public transportation. Ngong Rd which is a short distance away provides easy access to the CBD, Upperhill, Kilimani, Westlands, JKIA (Via the Southern by-pass), Wilson Airport and the surrounding suburbs.

The property can be purchased in cash (with a 90-day payment plan) or through Bank/Sacco Financing

Price: 15M (Negotiable)

See Yourself Investing Here?

Call Mbugua NOW on 0725414068 to Schedule a Free Site Visit; start on your investment journey and build your financial freedom for the rest of your life...