Prime Investment Opportunity! Incomplete 15-Unit Apartment Block in Matasia Town

35,000,000
sale
335 Property ID

Description

📍 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.

Address

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Overview

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