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8th-Acre Plot With Incomplete Rental Flats in Matasia Ngong
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Matasia, Ngong 1 views Apr 23, 2025
KES 5,800,000 Selling
Overview
| Last Updated | Apr 23, 2025 |
| Property ID | 18234779 |
| Category | Land and Plots for Sale |
| Price | KES 5,800,000 |
| Land Area | 0.125 ac |
Description
Prime 8th-Acre Development Opportunity in Matasia, Ngong
This strategically located 8th-acre plot in the fast-growing area of Matasia, Ngong presents an excellent investment opportunity for residential or mixed-use development. Situated just 150 meters from Merisho Road and less than 1km from Matasia Shopping Centre, the property offers both convenience and growth potential.
Property Highlights:
- Prime Location: Just 150m from Merisho Road with easy access to Ngong town
- Development Potential: Existing incomplete rental flats can be completed or repurposed
- Proximity to Amenities: Less than 1km to Matasia Shopping Centre
- Zoning: Mixed-use designation for flexible development options
- Size: 8th-acre (approximately 50x100 feet)
Why Invest in This Property?
Ngong's Matasia area is experiencing rapid development, with improving infrastructure and growing demand for both residential and commercial spaces. This plot offers the perfect balance of accessibility and affordability, with the added advantage of existing structures that can be renovated to generate immediate rental income.
The property is ideally suited for:
- Residential development (apartments, townhouses)
- Mixed-use commercial-residential projects
- Completion of existing rental units for passive income
- Long-term land banking in a high-growth area
Price: KES 5,800,000 (Negotiable for serious buyers)
Title: Available and verified
Access: Good all-weather access road
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