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For sale: Build Your Dream Apartments Here!
green Garden Main School Area Thogoto Kikuyu Kiambu
KSh 12,500,000
Residential Land For Sale green Garden Main School Area Thogoto Kikuyu Kiambu
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Property Detail
- Property Type Residential Land
- Added 31 Jan 2024
- Updated 31 Jan 2024
Description
Why not treat yourself to this beautiful ¼ of an acre plot that's on sale within the well built-up Green Garden Main 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 300mts off tarmac (Green Garden -- Mai-ai-hii Rd), in a well-developed neighborhood with high potential for growth guaranteeing a solid 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 renting decision. This plot is well-connected to major roads, whether using private or public means, 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 neighborhood with reliable security measures in place to keep your tenants safe such as the Mai-ai-hii police post, siting just 500mts away, providing adequate security for the property and the surroundings
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 is very fairly priced and it 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 1 side 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 35-40k per month and 2 bedroom apartments going for 28-35k per month
Price: 12.5M (Negotiable)
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