Nairobi Prime Plot , 50*100, Ngara

Prime Commercial Development Opportunity in Ngara

This exceptional corner plot in Nairobi Central's prime Ngara area presents a rare investment opportunity for developers and investors. The 50x100 ft freehold property currently generates Ksh 500,000 in monthly income from existing structures, providing immediate cash flow while awaiting redevelopment.

Property Highlights:

• Prime Location: Corner plot touching Desai Road in Nairobi Central's thriving commercial hub
• Development Potential: Ideal for high-rise apartments, mixed-use complex, or modern commercial plaza
• Immediate Income: Existing structures generate Ksh 500,000 monthly (Ksh 6M annually)
• Spacious Dimensions: 50 feet by 100 feet plot size - ample space for premium development
• Freehold Title: Clean ownership documents ready for transfer

The property's current fairly used condition with furnished commercial spaces offers flexibility - continue earning rental income or commence redevelopment immediately. Ngara's central location ensures excellent connectivity to Nairobi's CBD and major transportation routes.

This is a turnkey investment property at KES 82,000,000 in one of Nairobi's most sought-after neighborhoods. The strategic corner position and existing high foot traffic make this an ideal location for premium commercial or residential development. Explore more properties in Nairobi in this price range.