PREMIER INVESTMENT: QUARTER-ACRE PLOT FOR SALE IN NGONG CBD
Description
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 hub.
Address
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Address Ngong town
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Country Kenya
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City/Town Ngong
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Postal code/ZIP 00208
Overview
- Property ID 1298
- Price 30,000,000
- Property Type Commercial Properties, Land
- Property status sale
- Size 100 SqFt
- Land area 10,000 SqFt
- Label Sale
Contact
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