Prime Investment Opportunity! Incomplete 15-Unit Apartment Block in Matasia Town
Description
π Location:** Matasia Town, Ngong β 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.
**π 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** β 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)** β A rare chance to own a high-yield property at a competitive price!
**π° Strong Rental Income Potential:**
– Each **2-bedroom unit** currently rents for **KES 20Kβ25K/month** in the area.
– Upon completion, the **entire block could generate KES 300Kβ375K/month** in rental income!
**β Why Invest?**
β **Prime Location** β Close to transport, markets, and urban conveniences.
β **Scalable Investment** β Complete at your own pace and maximize returns.
β **High Demand** β Matasia is a thriving residential and commercial hub with growing demand for quality housing.
β **Ample Parking & Space** β Well-planned layout for convenience and attractiveness to tenants.
Address
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Address Matasia
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Country Kenya
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Province/State Kajiado County
Overview
- Property ID 335
- Price 35,000,000
- Property Type Apartment for sale
- Property status sale
- Land area 10,000 SqFt
- Label Sale
Contact
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