Commercial Land for sale in Mengo Kampala Uganda, code: 182422
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Commercial Land
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This highly desirable 2 acre property is located in Kampala city, in the neighborhood of Mengo Private. It is the perfect size and location for a variety of projects from a hotel, hospital, shopping mall, condominiums, apartments, and more. The asking price is 1.6 million dollars per acre and is slightly negotiable.
The land is Mailo land tenure, meaning that the owner holds a certificate of Mailo land, which is freehold. It is one of the most secure forms of land tenure in Uganda and is recognised by all financial institutions. This land is suitable for both residential and commercial development, providing a wide range of investment opportunities.
The land is located on Rubaga Road, a major thoroughfare in the area, providing easy access to the rest of the city. It is also close to the Mengo Private neighborhood, with its many shops and restaurants, as well as the University of Makerere, providing a great opportunity for student housing.
The property is being offered at a competitive price of 1.6 million dollars per acre, and is slightly negotiable. This is an excellent opportunity for any investor who is looking for a reliable and secure real estate purchase in a desirable area.
This is an opportunity that you simply cannot pass up. With 2 acres of land in a prime location, this property is perfect for a variety of projects. With its Mailo land tenure and its competitive price, this is one of the best investments you can make in Kampala City.
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