Prime 0.1 Acre Land for Sale in Parklands

Prime 0.1 Acre Land for Sale in Parklands – Ideal for Residential and Commercial Development

We are pleased to offer land for sale in Parklands, located in a highly desirable neighborhood, just steps away from the City Park Mosque. This versatile property offers an excellent opportunity for both residential and commercial development, situated on a 0.1-acre plot with high visibility and great rental income potential.

Key Features of This Land for Sale in Parklands:

• Location: Prime land for sale in Parklands, just minutes away from City Park Mosque and conveniently located near essential amenities, public transport, and business hubs.
• Plot Size: 0.1-acre plot, perfect for developing a residential or mixed-use property that can yield strong rental returns.
• Asking Price: KES 50 Million.

Current Rental Income:

• The property currently includes a 3-bedroom house generating between KES 150,000 to KES 180,000 per month.
• In addition, the property features a self-contained 1-bedroom apartment, which generates KES 45,000 to KES 55,000 per month from short-term or long-term leasing.
• There is also an office space on the property, currently rented out, generating an income of KES 70,000 to KES 80,000 per month.

Investment Potential:

• The current rental income from the 3-bedroom house, apartment, and office space can range between KES 265,000 to KES 315,000 per month, making it a solid investment.
• This land for sale in Parklands offers great potential for redevelopment, either as residential units, commercial space, or a mixed-use development, with the opportunity for significant rental yields and capital appreciation.
• Parking: The property offers 2 to 4 parking spaces, making it ideal for tenants or customers.

Opportunity: This land for sale in Parklands presents an incredible investment opportunity in one of Nairobi’s most sought-after areas. Whether you’re looking to develop residential units, commercial spaces, or a combination of both, this property offers great rental returns and future growth potential.

Price: KES 50 Million

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