🏡 Rare Opportunity in Karen – Co-Owned ½ Acre Plot with Development Potential

🏡 Rare Opportunity in Karen – Co-Owned ½ Acre Plot with Development Potential

📍 Location: Karen, Nairobi

💰 Price: Negotiable

🔑 Ownership Type: Company Shares (⅓ of ½-acre title = ~1/6 acre)

💼 Ideal for: Buyers comfortable with joint ownership structure

🌿 Property Overview

Thank you for your interest! You're absolutely right — in most of Karen, Nairobi County zoning regulations limit subdivisions to ½ acre minimum, especially in low-density residential zones.

However, this listing presents a unique and legally sound opportunity:

The land in question is a ½-acre plot, co-owned by three sisters.

Two have already developed homes on their respective portions.

The third sister is now disposing of her share, approximately 1/6 of an acre (⅓ of the total land, though not formally subdivided).

Each developed home currently rents for Ksh 180,000/month, showing strong rental return potential in this prime location.

📃 Ownership Structure & Legal Arrangement

The buyer will: ✔️ Join the co-ownership structure as a third party.

✔️ Form a company with the other two owners, where each owns 1/3 of shares.

✔️ Enjoy exclusive rights to their physical portion under private agreement.

This setup ensures: ✅ Legal ownership through company shares

✅ Physical occupation and development rights

✅ Flexibility to resell your share in future

📌 Why Invest Here?

✅ Prime Karen location with existing upscale homes

✅ Strong rental potential (current units fetching 180K/month)

✅ Ideal for building a home

✅ Peaceful, secure, and leafy environment

✅ Priced significantly lower than 1/8-acre listings in Karen

📞 Interested?

This is a clean, transparent deal suitable for a willing buyer seeking a non-traditional, affordable entry into the Karen market.

📲 Call/WhatsApp: Daniel Ndeke – +254 722 854 439

🌐 Visit: www.mapemaproperties.com

Viewings are strictly by appointment.

Serious buyers only