Plot with Existing Rental Units
Prime 50×100 Plot with Rental Units for Sale in Satellite, Nakuru
Income-generating property in a fast-growing residential zone near Shabaab, ideal for investors targeting rental yield and future redevelopment.
KES 13,000,000/-
This is a rare opportunity to acquire an income-generating property in Satellite, one of Nakuru’s fastest-growing residential investment zones near Shabaab.
Sitting on a standard 50×100 plot, the property already hosts multiple 2-bedroom rental units, making it immediately attractive to investors looking for both current rental income and long-term redevelopment potential.
Satellite has rapidly transformed into a high-demand residential area driven by Nakuru’s expansion following its elevation to city status. Its proximity to Shabaab, the CBD, and major transport routes continues to attract tenants, particularly working professionals and families seeking affordable housing within reach of town.
This property offers flexibility:
- Continue earning from existing units
- Upgrade and increase rental yield
- Redevelop into higher-density apartments
For investors looking to enter Nakuru’s rental market at a reasonable price point with clear upside, this is a strategic acquisition.
Property Views
Why Buy This Plot
INVESTMENT HIGHLIGHTS
- Existing rental units already in place (2-bedroom units)
- Immediate income-generating potential
- Located in a high-demand rental zone
- Strong appreciation potential as Nakuru expands
- Suitable for redevelopment into high-density housing
- Close proximity to Shabaab and Nakuru CBD
- Affordable entry compared to prime estates
AREA OVERVIEW
Satellite, near Shabaab, is quickly emerging as one of Nakuru’s most promising real estate investment zones.
With Nakuru’s elevation to city status, surrounding areas are experiencing:
- Increased infrastructure development
- Rising land values
- Growing demand for affordable housing
The area is especially attractive for:
- Rental housing investors
- Buy-and-hold investors targeting appreciation
- Developers looking to build multi-unit residential properties
Its location offers easy access to:
- Nakuru CBD
- Schools and hospitals
- Major transport routes including the Nairobi–Nakuru highway
🔷 IDEAL FOR
- Rental property investors
- Developers targeting bedsitters / 1–2 bedroom units
- Long-term land banking investors
- First-time investors entering Nakuru market