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For sale: Build Your Dream Apartments Here!
musa Gitau Thogoto Kikuyu Kiambu
KSh 8,500,000
Residential Land For Sale musa Gitau Thogoto Kikuyu Kiambu
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Property Detail
- Property Type Residential Land
- Added 19 Dec 2023
- Updated 19 Dec 2023
Description
However, with numerous investment options available, it can be challenging to determine which opportunities are worth pursuing
One investment option you shouldn't overlook is owning an apartment building. It's not always the most hands-off option, but if you're looking for a long-term investment that offers;
- A steady income flow - with the rent due every month, an apartment building offers unrivaled cash flows
- Capital appreciation -- people will always need a place to live so your investment, if well maintained, will increase in value over time
- Inflation hedge - Owning an apartment building is one of the best possible investments because owners can hedge inflation in two ways --- through capital appreciation and rent increases. Some of the effects of inflation will be naturally absorbed by capital appreciation and the apartment building owner can easily pass the rest onto tenants through rent increases
Then owning an apartment building is perfect for you.
Investing in apartments requires careful consideration of various factors such as location, market demand, affordability, growth potential, rental income potential, legal considerations like zoning laws etc. because they all have a significant impact on the success of your investment
Whether you're a seasoned investor or a first time investor, finding the perfect location to invest in can be a minefield. The last thing you want is to be stuck with a rental property that no one is willing to occupy.
A perfect location would be one with high growth potential, within a commutable distance to the CBD and with access to quality infrastructure and conducive social amenities like a sound transport system, reputable schools and hospitals, shopping malls, cafes and restaurants, banks etc.
That's why this ¼ acre (100*100ft) plot that's on sale in Musa Gitau, Thogoto, Kikuyu sub-county is the perfect place to build your dream apartments
It's vacant, rectangular in shape, has a gentle slope ensuring good drainage and boasts of red soil (which is perfect for high-rise construction)
The plot holds a Free-hold title deed that will ensure that your due diligence, financing and the transfer process is smooth and straight forward
All essential amenities - mains electricity, county water and internet connection -- are within reach
A good all-weather Rd that has been earmarked for tarmacking provides access to the property as well as the other homes in the area
This neighborhood enjoys excellent security with both the Mai-ai-hii and Thogoto Police Posts only a short distance away
Location-wise, the plot conveniently sits just 500mts off the tarmac at Musa Gitau Shopping Center (Thogoto -- Mutarakwa Rd) in close proximity to most amenities in the area such as reputable schools and hospitals, cafes and restaurants, several well-known banks, government offices and agencies, supermarkets, places of worship and other social hotspots -- something that has made Thogoto very popular with residential developers and ultimately end users
Commuting to-and-from work won't be a hassle either. Thogoto enjoys easy access to major roads and/or public transportation. The nearby Southern Bypass (only 2kms away), Ngong Rd and the recently revamped Waiyaki Way provide a comfortable commute to the CBD, Upperhill, Kilimani, Westlands, JKIA, Wilson Airport and surrounding suburbs.
The property can be purchased in cash (with a 90-day payment plan) or through Bank/Sacco Financing
For only Kshs. 8.5M (which is Negotiable), you can start on your investment journey and set yourself up for financial freedom for the rest of your life...
Call Mbugua Now on 0725414068 to schedule a viewing
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