Interested in this property?
Are you looking for the right plot of land to put up residential apartments?
Well, this beautiful ¼ of an acre commercial plot on sale within the Kidfamaco Estate, Kikuyu Sub-county could be the perfect fit for you!
It is conveniently located in a well built-up neighborhood, just 800 meters off tarmac (Old Kikuyu Rd)
The plot is vacant, rectangular in shape, slopes gently (perfect for drainage) and boasts of red soil (perfect for development)
It is registered under a Free-hold Title Deed that is available to facilitate your due diligence, bank financing (should you need to borrow funds) and the transfer process
The plot sits near several fully occupied residential flats, is value added with a professionally done stone perimeter wall that runs on 2 sides and it has easy access to county water, 3 phase electricity, sewer connection and other amenities like Jamii Telkom's Faiba
Reflecting a demand-driven mix of land use, this plot lends itself well for the construction of residential flats in line with the neighborhood character, with 1 bedroom houses renting for between 18-25k, 2 bed-room houses going for between 25-35k and 3 bedroom houses going for between 35-45k
This neighborhood enjoys excellent security with the Kidfamaco Police Post only a short distance away
The Kidfamaco Estate is a well -- developed populous area that is buzzing with activity and there is lots of foot traffic due to its accessibility
Facilities such as reputable schools and hospitals, cafes and restaurants, open air markets, leisure amenities and religious complexes are in close proximity and easily accessible owing to the growing nature of the neighborhood
For example when it comes to schools, residents have a wide variety to choose from including the Damacrest Group of schools, The Green Garden School, Kidfamaco Primary, New Highlight Academy, Ubuntu school amongst others.
Commuting to and from work is a big part of most people's days. This area enjoys easy access to major roads and/or public transportation. The Southern Bypass which is only 1.2Kms away provides easy access to the CBD (20Kms away), Upperhill, Kilimani, JKIA, Wilson Airport and surrounding suburbs.
The recently upgraded Waiyaki Way which is only 3Kms away also renders the journey into Westlands seamless
This suburb is located just 2Kms outside of Kikuyu town offering the residents here an array of amenities to enjoy. Kikuyu town boasts a selection of banks, supermarkets, hospitals, colleges as well as several dining options
These infrastructural developments, outstanding social facilities and good sunny weather make the location a desirable place that has proved popular with residential developers and ultimately end users.
The property is available for cash buying (90 day payment plan) and/or through Bank financing
Price: 11.5M (Negotiable)
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Property Ref: 20116 | Added On: 25 Jan 2023 | Last Updated: 01 Jun 2023 |
Market Status: Sold | Type: Commercial Land | Total Area: 1,000 sqm |
Interested in this property?
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