For sale: Snap Up This Great Investment

Looking for land to develop within the Nairobi Metropolitan region?

Buying land for development can be a very lucrative investment. But, it's also one that carries a lot of risks and as such needs to be well-researched prior to purchase

Whether you're looking to build a commercial building, a community of residential homes or a block of apartments, there are a number of essential factors to consider to determine whether the land is suitable for the intended use and if it will be a savvy move in the long term

These include the affordability, location of the land, general security, zoning regulations, accessibility, terrain and topography, neighborhood characteristics, market conditions, trends, and other considerations because they all have a significant impact on the success of your investment

And the LOCATION of your plot is arguably the key element for success

A perfect location would be one with high growth potential, within commutable distance to the Central Business District (CBD) and one with easy access to quality infrastructure and conducive social amenities like a good road network and a sound transport system, like Kikuyu.

That's why this beautiful 1 acre plot that's on sale within the Damacrest School neighborhood in Thogoto; Kikuyu is the perfect place to make your dream investment

The perfect size for a development property, it's vacant, rectangular in shape, has a gentle gradient ensuring good drainage and boasts of red soil (which is perfect for construction)

All essential amenities -- mains electricity, county water and internet connection are within reach

The property has been sub-divided into seven (7), 1/8th (50*100ft) residential plots each measuring 0.048Ha and served by a 6meter (20feet) access Rd offering significant savings; both monetary and in terms of time

All 7 plots hold individual free-hold title deeds that will ensure that your due diligence, financing and transfer process is smooth and straight forward

The property therefore lends itself well to SACCO or group investments or for putting up a community of residential homes (stand-alone maisonettes, flat roof homes or bungalows)

These developments have proved very popular here with a similar project nearby selling 4-bedroom townhouses at 13.5M and letting them out for Kshs. 55,000 per month

This neighborhood enjoys excellent security with the Thogoto Police Post only a short distance away

Location-wise, this plot conveniently sits just 400mts off tarmac (Thogoto -- Mutarakwa Rd) and just 7kms outside of Kikuyu Town with her wide array of amenities such as several well-known banks, restaurants, reputable schools and hospitals, government offices and supermarkets, supermarkets, places of worship and other social hotspots to cater to the growing community in the town.

Accessibility is also a key consideration when buying development property. This area enjoys easy access to major roads and/or public transportation.

The Southern Bypass, Ngong Rd, Waiyaki Way and the Western by-pass provide a hassle free commute to the CBD, Upperhill, Kilimani, Westlands, JKIA, Wilson Airport and the surrounding suburbs

The property can be purchased in cash (with a 90-day payment plan) or through Bank/Sacco Financing

Price: 42M (Negotiable)

See Yourself Investing Here?

Call Mbugua NOW on 0725414068 to Schedule a Free Site Visit...

It's as easy as that!