For sale: Prime Plot For Apartment Development In Thogoto, Kikuyu – An Investor's Dream!

Residential Land For Sale Kia Wamagira Thogoto Kikuyu Kiambu selling for KSh20,500,000. See property details on PrivatePropertyKenya.com or browse all our range of properties in Thogoto Kikuyu Kiambu

Interested in purchasing a residential plot in Kikuyu for building high-rise apartments?

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 the property both aligns with your investment objectives and has the potential to meet the demands and preferences of your target audience

Your primary goal is to make a profitable real estate investment so you want to invest in residential properties with the potential for a high return on investment, which will provide you with a steady stream of rental income and long-term appreciation.

Like this full ½-acre plot that’s on sale in Thogoto, Kikuyu Constituency

Perfectly poised for apartment development, this property meets all critical criteria for a successful and profitable venture….

• It’s Ready for Multi-Unit Residential Use – the plot is situated in an area zoned for residential use, accommodating multi-unit dwellings such as apartments. The neighborhood features several fully-occupied apartment buildings, indicating compliance with zoning regulations and a thriving rental market.

• Secure Investment - The property comes with a freehold title deed, free from encumbrances or disputes, ensuring a smooth and transparent transfer process & providing peace of mind since your investment is secure & undisputed

• Optimal for Development - The plot is spacious, rectangular in shape & gently sloping, offering excellent drainage and ease of construction. Its shape and size are ideal for one-bedroom and two-bedroom apartments, with ample space for parking and other amenities.

• Fully Serviced Plot – All essential utilities are on-site, including power, water, sewer line, a perimeter wall all-round, mature trees, an-all weather access road plus high-speed internet connectivity -meeting the needs of modern tenants & reducing initial infrastructure investment costs.

• Prime Location – the plot is situated just 500 meters off tarmac and enjoys easy access to major roads such as the Southern Bypass, Ngong Road, and Waiyaki Way ensuring you can attract enough tenants to fill your apartments and to retain long-term renters.

• Amenities and Lifestyle Offering: the plot sits within walking distance of bus stops, schools, hospitals, cafes & restaurants, places of worship, fitness centers and other social hotspots providing a comfortable and convenient living environment for future residents.

• Excellent Security - The plot is situated within the Clinton Hotel area; a safe neighborhood with reliable security measures in place to keep both your investment and your tenants safe such as regular patrols by the vigilant security personnel from the nearby Thogoto Police Post.

• High Rental Demand - this plot is located in an area with a strong demand for apartments, due to its proximity to Nairobi CBD, which will ensure high occupancy rates and consistent rental income. Two-bedroom apartments fetch between Kshs. 35,000 and Kshs. 45,000 per month, offering a substantial return on investment.

Price: Kshs. 20.5M (Negotiable)

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