KSh 45,000 PER ACRE
OPEN MARKET OFFER
IDEALLY SITUATED PROPERTY FOR LEASE OFF KANGUNDO ROAD
Our client is leasing out 3 acres of vacant land in the Mutalia Area off Kangundo Road, Machakos County.
The property is located approximately 500 metres from Kangundo Road, and approximately 15 kilometres from the Eastern By-pass junction and sits directly on a major access road off Kangundo Road at Ottomart Supermarket.
The access road is an all-weather, well-drained road. In close proximity to the property include Ottomart Supermarket, Blue Hills Academy, several hardware and electrical supplies shops, several gated developments including Cassamia and Rockville, fuel stations from established brands as Shell and Total, as well as several inter-denominational churches.
The land can be used for a variety of purposes and is not restricted in its use. An acre of land here has an approximate sale value of KES 4.5M.
Asking: KES 45,000/acre/month
Neighborhood
This area is very ideal for establishing a wide variety of commercial enterprises as the neighbourhood would be classified as a rapidly developing one. It can be observed that there is an increased settlement in the area, notably in the last 5 years with a large number of ongoing commercial and residential developments including even gated community developments all along Kangundo Road. As the settled population grows, there will be increased demand for all manner of commercial products and services, notably, increased demand for construction and building materials improved access to markets for food, housing, transport, retail services and much much more.
External Features
- Near Tarmacked Road
- Near Highway
- Electricity 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
- Flat Undulating Terrain
