Luxury Condominium Apartments for Sale in Kololo
$135,000.00 ( From UGX 486Million)
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5 Unit Rental units for Sale in Kungu – 14 Decimals | UGX 400M
Kungu, Central Region, Uganda
For Sale
$111,000.00 (UGX 400Million)
Description
A solid income-generating rental property located in Kungu, one of the fast-developing residential areas within the Kira–Najjera–Kisaasi corridor in Kampala. This property sits on 14 decimals of land and offers consistent rental income, making it a great opportunity for investors seeking stable cash flow and long-term real estate appreciation.
Kkungu continues to attract strong demand from tenants due to its proximity to major residential and commercial areas such as Kira, Najjera, Ntinda, and Kampala city center. With good road access, utilities, and a growing community, the property provides both immediate returns and future investment potential.
Property Overview
📍 Location: Kungu, Kampala
🏢 Property Type: Rental Units
📐 Land Size: 14 Decimals
📜 Land Tenure: Titled Land
💰 Asking Price: UGX 400,000,000 ≈ USD 111,000
💵 Monthly Rental Income: UGX 3,250,000
💵 Annual Rental Income: UGX 39,000,000
Property Details
➤ 5 Rental Units established on the property
➤ Units currently generating steady monthly income
➤ Spacious compound with parking space for tenants
➤ Organized layout allowing comfortable tenant occupancy
➤ Water and electricity available on site
➤ Located in a well-populated residential area
Investment Highlights
➤ Immediate passive rental income of UGX 3.25M per month
➤ Located in a high tenant demand zone near Kira and Najjera
➤ Affordable entry price for real estate investors
➤ Opportunity to increase rental rates as the area develops
➤ Strong capital appreciation potential
Location Advantages
➤ Close proximity to Kira Town, Najjera, and Kisaasi
➤ Easy access to Ntinda, Bukoto, and Kampala Central Business District
➤ Near schools, supermarkets, hospitals, and places of worship
➤ Developing neighborhood with growing infrastructure and modern homes
This property offers an excellent opportunity for investors looking to acquire an already operational rental property with immediate income generation in Kampala’s expanding residential market.
📞 For more information, negotiations, or to schedule a site inspection:
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Location & Features
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