The along Makindi road and a few kilometers from Ngong Road. This 1-acre property is situated in a prime location with huge potential for significant development into commercial offices, hotels, retail use and institutions amongst others. The site is fairly level with a beautiful slope on one side and has a freehold title. The property is presently developed with some older houses, which the buyer can choose to renovate to modern standards.
The rents being generated from these units offer a secure stream of income that buyers could utilize whilst they process development approvals. Consequently, a buyer can choose to renovate the current improvements to modern standards so as to increase their economic life and retain the property as a long term investment.
Mains electricity, water, and sewer are connected to the property. Overall, the property’s strategic location, size offers a rare opportunity for redevelopment into a comprehensive scheme subject to obtaining necessary approvals from the relevant government authorities.