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Makini Road Commercial Plot Ngong Road, Nairobi

Shs.350,000,000
Property type: Plot for Sale

Description

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.

The plot is selling at Ksh 350,000,000

Contact the owner

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