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KSh 11,000,000 ONO

OPEN MARKET OFFER

Katani | off Katani Road, Machakos County
0.05 Hectares
2585 Sq Mtr
MLS# 2020/3828

CONSTRUCTION DESIGNS AND APPROVALS GRANTED FOR A PROPOSED 25 UNIT, 3-BEDROOM APARTMENT BLOCK

The property is situated approximately 4.7KM off Mombasa Road (accessed from Beijing Road) and can be approached from several of the neighbourhood’s access roads including Kiungani Road, Beijing Road, Katani Road, and Police Road. It is within 200 metres of Viraj International School, Delta Petrol Station and several other facilities, including a planned Aga Khan Hospital to be constructed within 200 metres of its vicinity.

The seller includes as part of the sale full documentation for the proposed redevelopment plan for the property including construction designs and approvals granted for a proposed 25 Unit, 3-Bedroom Apartment Block.

This plot sits off a 12-metre all-weather access road with good drainage and accessibility.

Neighborhood

Katani, the neighbourhood bordering Syokimau to the northeast, is a rapidly-developing neighbourhood with an increasing density of single-dweller and multi-dweller homes. The area is a beehive of activity with growing settlement and commercial developments spurred on by the increasing population. 3-Bedroom apartments of the type proposed currently sell for between KES4.2M and KES6M, depending on the quality of finishes, and can command rents of between KES 40,000 and KES 55,000 depending on their location and accessibility.

External Features

  • Security Lighting
  • Near Tarmacked Road
  • Near Highway
  • Near Schools and Universities
  • Near Hospitals
  • Electricity Available
  • Mains Water Supply Available
  • Mains Sewer Line Onsite
  • Borehole Water Supply Available
  • Rapidly Developing Residential Area
  • Gated Community Developments
  • Easy Access to Public Transport
  • Quick Access to Leisure and Entertainment Facilities
  • Prime Property for Residential Development

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