A Quarter-Acre Plot with Multiple Units in Matasia

  • Ksh.8,500,000
Unfinished building
A Quarter-Acre Plot with Multiple Units in Matasia
  • Ksh.8,500,000

Overview

  • Residential Land
  • Property Type
  • 0.250

Description

Located just 300 meters from the tarmac road, this expansive quarter-acre (1/4) plot in the heart of Matasia offers an excellent investment opportunity. The property is thoughtfully developed, featuring two fully completed 3-bedroom bungalows and an incomplete rental complex of bedsitters with potential for expansion.

Key Features of the Property:

  1. Two 3-Bedroom Bungalows:
    • Each bungalow is designed for modern living with spacious interiors, a master ensuite bedroom, and well-laid-out common areas.
    • Quality construction and finishes make these homes move-in ready.
    • Situated on a generous portion of the plot, ensuring privacy and convenience for residents.
  2. Incomplete Rental Units:
    • The front section of the property is designed for a multi-story rental project, currently at the bedsitter stage.
    • The units are strategically positioned to maximize rental income potential.
    • Once completed, these rental units can cater to the high demand for affordable housing in the Matasia area.
  3. Plot Details:
    • The plot spans a quarter acre, offering ample space for additional developments or landscaping.
    • Its location near the tarmac road provides easy access and enhances the property’s desirability for both residents and tenants.
unfinished bedsitters in quarter acre plot Matasia

Investment Potential:

This property is perfect for homeowners looking for a dual-purpose residence or investors aiming to generate steady rental income. With the incomplete rental units, there is significant potential for value addition and increased returns. The growing demand for housing in the Matasia area ensures a high occupancy rate for rentals.

Inclusive Sales Price:

The sales price includes the entire quarter-acre plot, the two complete bungalows, and the incomplete rental units, making this a turnkey investment opportunity.

Don’t miss out on this prime property in a rapidly growing neighbourhood! Contact us today for more details or to arrange a viewing.

Address

  • City Ngong
  • State/county Kajiado
  • Area Matasia

Details

  • Price: Ksh.8,500,000
  • Property Size: 0.250
  • Land Area: Quarter Acre
  • Property Type: Residential Land
  • Property Status: Unfinished building

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Michael Mwika
  • Michael Mwika

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Michael Mwika
  • Michael Mwika