Eighth Acre Plot With Rental Income in Rimpa, Ongata Rongai

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Rimpa, Ongata Rongai 1 views Apr 23, 2025

KES 4,300,000 Selling

Overview
Last Updated Apr 23, 2025
Property ID 15789554
CategoryLand and Plots for Sale
PriceKES 4,300,000
Land Area0.125 ac
Description

Lucrative 1/8 Acre Investment Opportunity in Rimpa, Ongata Rongai

This prime eighth-acre plot presents an exceptional investment opportunity in the rapidly developing Rimpa area of Ongata Rongai. Currently generating KES 20,000 monthly rental income from temporary structures, this property offers immediate returns while holding tremendous potential for future development.

Property Features:

  • Prime Location: Just 400m from Magadi Road tarmac with easy access to Nairobi
  • Secure Neighborhood: Surrounded by gated communities for enhanced safety
  • Existing Infrastructure: Perimeter wall 50% complete on two sides
  • Ready Utilities: Electric supply, water supply, and rain water drainage available
  • Flexible Zoning: Mixed-use property suitable for various developments

Development Potential:

Ideal for both immediate income and long-term appreciation, this property offers multiple possibilities:

  • Expand existing rental units for higher returns
  • Develop a private residential home in a secure area
  • Create a multi-unit residential development
  • Hold as a strategic land investment in this growing neighborhood

The plot's proximity to major infrastructure and its position within an area experiencing rapid development make this a smart investment choice at just KES 4,300,000. The all-inclusive sale price makes acquisition straightforward with no hidden costs.


Features

Electric Supply

Rain Water Drainage

Water Supply





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