KSh 3,000,000 PER ACRE
OPEN MARKET OFFER
An Investment Property With Potentially Massive Capital Gains
Situated 4.5 kilometres off Kangundo Road is this 75-acre (30-hectare) block of vacant land that our client is disposing of. The property is situated approximately 4.5 kilometres from the Helicopter market centre in Kantafu, off Kangundo Road. The proprietor is amenable to selling the property in a minimum of 10-hectare blocks (approximately 25 acres per block) or as the entire lot of 75 acres.
The property is most ideally suited for a variety of commercial, residential or even mixed-use developments, including agricultural and residential development. This property is an ideal investment for both immediate developments, or simply for capital gains in the long term.
It is within earshot of essential amenities with good, stable demand for both single-dweller and multi-dweller homes making it very ideal for both land sales (property subdivisions) and a mixed variety of residential and commercial property developments.
The KBC/Kantafu area offers highly competitive pricing for homes, commercial space and even land for agricultural use. The property has well-demarcated boundaries with clean title and is fronted by a 9-metre wide all-weather access road. Plots of 50 by 100 presently retail for Kshs. 800,000 in the vicinity of this property.
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
- Near Schools and Universities
- Near Hospitals
- Electricity Available
- Mains Water Supply Available
- Borehole Water Supply Available
- Rapidly Developing Residential Area
- Gated Community Developments
- Easy Access to Public Transport
- Prime Property for Residential Development
- Flat Undulating Terrain
- Black Cotton Soils
