Apartment for sale in Munyonyo, Uganda

Set within one of Kampala's most prestigious residential enclaves, this exceptional investment property in Munyonyo presents a rare opportunity to acquire a substantial freehold holding with immediate income and strong redevelopment upside. Offered exclusively by Pam Golding Properties Uganda, the property is ideal for investors seeking long-term capital growth in a blue-chip location.

Located on Namugala Close, just off Wavamuno Road, the property sits on a generous 0.45-acre freehold plot in a quiet, secure pocket of Munyonyo, renowned for its proximity to Lake Victoria, international hotels, embassies, and lifestyle destinations—while remaining pleasantly removed from traffic and congestion.

The property comprises two semi-detached duplex units, each approximately 180 sqm, thoughtfully configured for comfortable family living or strong rental demand. Each duplex offers:

* 5 bedrooms

* 3 bathrooms

* Open-plan living and dining areas

* A spacious kitchen with basic finishes

* An in-house maid's room

* External storage facilities

Currently tenanted, the property delivers a combined annual rental income of approximately USD 21,000, providing immediate cash flow while preserving significant future upside.

Beyond its current performance, the asset's true value lies in its development potential. The sizeable freehold plot and solid structures lend themselves to:

* Redevelopment into modern apartment units, or

* Renovation and upgrading of the existing duplexes to substantially enhance rental yields

Offered with a guide price of USD 700,000, this is a compelling opportunity to secure a strategically located, income-producing property in one of Kampala's most consistently desirable neighbourhoods.

Viewings are strictly by appointment.

For further details or to arrange a private viewing, please contact Pam Golding Properties Uganda.