For sale: Build Your Dream Apartments Here!

Are you interested in purchasing a residential plot in Kikuyu for building residential flats?

Why not treat yourself to this beautiful ¼ of an acre plot that's on sale within the well built-up Damacrest School neighborhood, in Thogoto, Kikuyu Sub-county

Buying land for development can be a very lucrative investment. But it's also one that requires careful consideration of several key factors to determine whether a property aligns with your investment objectives and the preferences of your target audience because they all have a significant impact on the success of your investment

As a real estate investor with a focus on developing properties in the Kikuyu area, this ¼ acre plot will be the perfect place to make your dream investment because of it's;

Convenient Location: This plot is conveniently situated just 200mts off tarmac (Thogoto -- Mutarakwa Rd), in a well-developed neighborhood with high potential for growth and return on investment.

Commute and Accessibility: your prospective tenants may currently be spending a significant amount of their valuable time commuting to-and-from work, battling city traffic so they'll prioritize easy commuting to work or educational institutions when making their purchase decision. This plot is well-connected to major roads and public transportation with the nearby Southern Bypass, Ngong Rd, Waiyaki Way and the Western by-pass providing a hassle free commute to the CBD, Upperhill, Kilimani, Westlands, JKIA, Wilson Airport and the surrounding suburbs

Safety and Security: Safety is a paramount concern for you-the investor and your target demographic. This plot is located in a very safe neighborhood with low crime rates and reliable security measures in place and the Thogoto Police Post is only a short distance away

Affordability: this is a key consideration when buying development property. Despite your willingness to invest in quality properties, you're value-conscious and want a property that is fairly priced and offers flexible financing options. This property can be purchased in cash (with a 90-day payment plan) or through Bank/Sacco Financing

Quality Infrastructure: your investment will be attractive to your target audience because this plot has everything they'll need to live comfortably including well-maintained roads, reliable water supply, electricity connectivity, and access to modern amenities like high-speed internet connectivity.

Amenities and Lifestyle Offerings: your target audience seeks a vibrant lifestyle, convenience, and easy access to essential amenities. This plot is situated, in a lively community, in close proximity to most social amenities in the area such as reputable schools and hospitals, cafes and restaurants, government offices and agencies, supermarkets, recreational facilities (gym, swimming pool etc.), places of worship and other social hotspots making living here incredibly convenient and fulfilling

Transparent pricing and Legal Certainty: as an investor, you want transparency in the pricing and documentation, ensuring that the purchasing process is fair and legally sound. This plot has all the documents required to ascertain its ownership details (a Free-hold title deed, Mutation Form and Cadastral map) removing any uncertainty about its true ownership, location, size and dimensions ensuring a smooth and straight forward transfer

Its Condition and Potential for Development: when buying investment property, you have to consider the current condition of the property and its potential for development. This plot is vacant, rectangular in shape, has a gentle gradient ensuring good drainage, boasts of red soil (which is perfect for construction and has been value added with a stone perimeter wall on 2 sides which will significantly reduce your initial investment costs.

Potential Return on Investment: your primary aspiration is to build long-term wealth through profitable real estate investments. This plot has the potential for a high return on investment, due to its size, location, condition, proximity to essential amenities etc. guaranteeing you a steady stream of income and long-term appreciation

This property therefore lends itself well to the construction of a high-rise apartment building, in line with the neighborhood character
These developments have proved very popular here with 3-bedroom apartments renting for 40-45k per month and 2 bedroom apartments going for 28-35k per month

Price: 12.5M (Final Price)

See Yourself Investing Here?

Call Mbugua Now on 0725414068 to start on your investment journey by scheduling a Free Site Visit and set yourself up for financial freedom for the rest of your life...