This 50x100 plot in Ongata Rongai offers an existing rental income of KES 420,000 per year from current rental units. Strategically located in a high-demand area, the property is ideal for redevelopment into modern residential flats to maximize returns. With Rongai’s strong rental market, this plot presents a lucrative investment opportunity.
Key Highlights:
Location: Ongata Rongai
Plot Size: 50x100
Annual Rental Revenue: KES 420,000 (KES 35,000 per month)
Potential Use: Redevelopment for residential flats, leveraging Rongai’s high demand for housing.
Rental Market Rates in Rongai:
Bedsitter: ~KES 9,000/month
1-Bedroom: ~KES 15,000/month
2-Bedroom: ~KES 25,000/month
Why Redevelop?
Transform the property into multi-unit residential flats for higher rental income.
Cater to a growing population of professionals, families, and students seeking modern housing.
Boost ROI significantly with updated and expanded rental units.
This property is ideal for investors looking to enhance rental yields and capitalize on Ongata Rongai’s thriving real estate market.
For more details or to schedule a viewing, contact us today!
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