KSh 70,000,000
OPEN MARKET OFFER
An Investment Property With Quarrying Potential
Situated 4 kilometres off Kangundo Road near the Koma Hill Shrine is this 35-acre parcel of land which is suited to a variety of purposes including quarrying, agricultural and residential development, hospitality facilities and other similar mixed-use development.
Mains electricity is available in close proximity to the property with easy access to water via a borehole. The area is growing and is showing increased demand for both single-dweller (stand-alone) homes and rental apartments making it equally ideal for both subdivision schemes (land sales) and the development of a mixed variety of gated residential and commercial properties.
Due to the affordable cost of land, pricing for homes in this market is highly competitive and attractive. The property has clearly demarcated boundaries with clean title and is fronted by two different access roads on separate perimeters.
There are five other operational and profitable rock crushing plants in the vicinity as the area rapidly grows as a source of building materials.
Neighborhood
Kangundo Road is a rapidly developing neighbourhood that has witnessed a massive growth in residential and commercial development in the last 5 years. This trend is set to continue with the expansion of Kangundo Road already underway and the growth in population within Nairobi and its environs continually expanding. While there are still massive tracts of undeveloped land in the neighbourhoods along that road, all the way from Kayole to Ruai and beyond to Kamulu, Joska and Kantafu, these lands will see exponential growth in value as more and more settlement is witnessed, and as the newly planned national government projects such as the Greater Eastern Bypass are completed increasing flow of traffic, access to public transport and linking these neighbourhoods to the surrounding counties of Nairobi, Muranga, Kajiado and Kiambu (Nairobi Metropolitan Area). There will be a corresponding growth in commercial activity seeing growth in commercial centres, social amenities such as schools and hospitals, recreation facilities, eateries and places of worship, as well as transportation hubs both into the surrounding counties.
External Features
- Near Tarmacked Road
- Near Highway
- Electricity Available
- Borehole Water Supply Available
- Rapidly Developing Residential Area
- Easy Access to Public Transport
- Flat Undulating Terrain
