1/2 Acre for Sale at Ngara

Prime 1/2 Acre Mixed-Use Land in Kariobangi North

This high-value 1/2 acre plot in Kariobangi North, Kariobangi, Nairobi, presents a rare opportunity for investors seeking a lucrative mixed-use development. Located opposite Guru Nanak Hospital, this property offers both immediate income and long-term growth potential.

Key Features:

• Existing Income Stream: 16 well-maintained 2-bedroom units generating KES 850,000 monthly
• Development Potential: Ample remaining space for additional construction (current units sit on 40x80 portion)
• Strategic Location: Triple road access for excellent connectivity
• Versatile Zoning: Ideal for mixed-use development - residential, commercial, institutional (churches, hospitals)
• Clear Documentation: Title deed available and ready for transfer

Investment Highlights:

This property represents a turnkey investment opportunity with multiple advantages:

• Existing rental income offsets holding costs while planning future development
• Prime location near major infrastructure and amenities
• Zoning flexibility allows for various high-return uses
• Excellent transport links via three access roads

Priced at KES 245,000,000, this land offers exceptional value for investors looking to capitalize on Nairobi's growing real estate market in Nairobi. The combination of immediate cash flow and development potential makes this a standout opportunity in Kariobangi North.