For sale: Prime 70*100ft Commercial Plot Available

Are you a property developer? Are you looking for the right plot of land to put up residential apartments?

Well, this beautiful 70*100ft commercial plot on sale in Ongata Rongai, Kajiado County could be your next perfect fit!

It is conveniently located along Kingdom Hall Rd, just 300 meters off Magadi Rd (Rongai -- Kiserian Rd), in a well-developed neighborhood characterized by several residential apartment developments.

The subject property therefore presents a golden opportunity for an investor looking to put up high-rise apartments, in line with the neighborhood character

The plot is rectangular in shape, slopes gently (perfect for drainage), has access to a sewer connection and features three (3) fully occupied 2-bedroom rental houses (renting @14k each per month)

Purchasers can develop the property further to increase rental returns, or, choose to redevelop the property and take advantage of its strategic location

It is registered under a free-hold title deed that is readily available to facilitate your due diligence, bank financing (If you need to borrow funds) and the transfer process

County water and 3-phase electricity have been connected to the plot

The property is value added with a mabati perimeter fence complete with a metallic double door gate

The neighborhood enjoys excellent security with the Ongata Rongai Police Post only a short distance away

Ongata Rongai is a populous area that is buzzing with activity and there is lots of foot traffic due to its accessibility via both private and public transport

Facilities such as reputable schools and hospitals, cafes and restaurants, playgrounds, open-air markets, leisure amenities and religious complexes are in close proximity and easily accessible owing to the growing nature of the neighborhood.

And with more and more people moving from Nairobi to nearby satellite towns which provide more affordable options in terms of housing, investing in this property will guarantee great value for money.

There are plans to dual Magadi Rd which will not only add to the convenience of investing here, but will also give the area a major face lift.

These infrastructural developments, outstanding social facilities and good sunny weather make the location a desirable place that has proved popular with residential developers and ultimately end users.

Asking Price: 21M (Negotiable)

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