Prime ¼ Acre Land For Sale in Ngong Town Along Ololua Road
Ngong Town-Ololua Road
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Ngong Town-Ololua Road
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Prime ¼ Acre Redevelopment Property for Sale – KSh 20 Million
An exceptional ¼-acre redevelopment property strategically located along the busy Ololua Road in Ngong Town, offering excellent visibility and accessibility. Its prime frontage on a high-traffic road makes it ideal for a high-rise mixed-use development, including residential apartments, retail outlets, offices, or commercial spaces.
The property currently comprises a masonry block with approximately three (3) one-bedroom units with a combined plinth area of approximately 140 sqm, a fully operational car wash, and a 250-metre borehole equipped with a water tower fitted with three (3) 10,000-litre water storage tanks. The borehole is powered by twelve (12) solar panels, ensuring an efficient and reliable water supply to the surrounding neighbourhood.
The existing developments generate a combined monthly income of approximately KSh 100,000–150,000, providing immediate returns while offering outstanding redevelopment potential.
Asking Price: KSh 20,000,000
This is a rare investment opportunity in one of Ngong Town's fast-growing commercial corridors, combining steady rental income with excellent prospects for future high-rise development.
Sale price
22,000,000