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If you have extra income or funds to invest, you may realize that there are an overwhelming number of investment choices out there
But if you're looking for an investment that will generate significant monthly cash flow, an apartment building is perfect for you
Apartment living has become very popular over the last decade with more people in general - single-person households, downsizers, young renters, professionals and empty nesters - choosing an apartment lifestyle.
Lifestyle demands of being within commutable distance to the CBD or major centres, closer to work/school, transport hubs, shopping centers, reputable hospitals, recreational facilities and government offices and agencies has created a new demand for rental houses particularly in the outskirts of the capital city where houses are more spacious and rent is affordable.
Plus the infrastructural developments happening in these satellite towns like Kikuyu such as opening up of by passes and new roads with the passenger train to boot makes it easier to commute to and from work/school without the headache of standstill traffic jams, adding to the popularity of these investments with the ultimate end users
That's why this ¼ (100*100ft) of an acre commercial plot that's on sale in Thogoto, Kikuyu should be at the very top of your to-see list!
It's conveniently located just 200meters off tarmac (Thogoto -- Mutarakwa Rd) in the well-developed Damacrest School neighborhood with all essential amenities -- mains electricity, county water and internet connection - within reach
It holds a free-hold title deed that will ensure that your due diligence, financing and transfer process are smooth and straight forward
The plot is vacant, rectangular in shape, gently sloping, boasts of red soil and is ready for immediate development
It's value added with a stone perimeter wall on 2 sides and features visible beacons that clearly define its boundaries
This neighborhood enjoys excellent security with the Thogoto Police Post only a short distance away
The plot sits in close proximity to most social amenities in the area such as reputable schools and hospitals, cafes and restaurants, supermarkets, petrol stations, open-air markets etc. making daily living for your tenants incredibly convenient
Commuting to-and-from work won't be a hassle either. This area enjoys easy access to major roads and/or public transportation. The Southern Bypass which is only 900mts away provides easy access to the CBD, Upperhill, Kilimani, Westlands, JKIA, Wilson Airport and surrounding suburbs.
The plot can be purchased in cash (with a 90-day payment plan) or through Bank/Sacco Financing
Price: 13.5M (Negotiable)
Ready to make the leap and invest in your dream apartment building?
Call Mbugua Now on 0725414068 to start on your investment journey by scheduling a Free Site Visit and set yourself up for financial freedom for the rest of your life...
Property Ref: 18154 | Added On: 01 Sep 2022 | Last Updated: 04 Dec 2023 |
Market Status: Sold | Type: Commercial Land | Total Area: 1,000 sqm |
Interested in this property?
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