Interested in this property?
Thinking of putting up residential apartments? Think thogoto! Investing in apartments requires careful consideration of various factors such as location, affordability, zoning laws amongst others, but finding the perfect location to invest in is where it all starts
A perfect location would be one with high growth potential, excellent security, within commutable distance to the cbd and with access to quality infrastructure and conducive social amenities like a sound transport system
That's why this beautiful 1/8th (50*100ft) plot that's on sale within the damacrest school neighborhood in thogoto, kikuyu is the perfect place to build your dream apartments
It conveniently sits just 100meters off tarmac (thogoto - mutarakwa rd), in a well built-up neighborhood characterized by several fully-occupied apartment buildings therefore presenting an excellent opportunity to put up residential flats that guarantees you a handsome return
Two bed apartments in the area are let at 25 - 30k & 1 bed at 15 - 20k
𝗜𝗧'𝗦 𝗡𝗢𝗧 𝗔 𝗚𝗔𝗠𝗕𝗟𝗘
This plot boasts of several features that make it an ideal investment opportunity;
It;
- holds a free hold title deed that will ensure that your due diligence, bank financing (should you need to take a loan) and the transfer process are smooth and straight forward
- is vacant, rectangular in shape, has a gentle gradient ensuring good drainage, and boasts of red soil making it perfect for development
- has easy access to all essential amenities - county water, mains electricity and internet connection
- has been value added with a barbed wire fence that secures the entire property
- enjoys exceptional security with both the thogoto and the mai - ai - hii police posts only a short distance away
- is located in a well-developed and populous area, in close proximity to excellent social facilities such as reputable schools and hospitals, cafes and restaurants, open-air markets, supermarkets, government offices and agencies, places of worship and other social hotspots - something that has made thogoto very popular with residential developers and ultimately end users
- accessibility is also a key factor when considering a location to put up residential apartments. Thogoto enjoys easy access to major roads and/or public transportation. The southern by-pass, ngong rd and the recently revamped waiyaki way provide a hassle free route to the cbd, upper hill, kilimani, westlands, jkia, and sorrounding suburbs. This is the investment you have been looking for and it comes at a very attractive negotiable price of 𝐊𝐞𝐬 6,950,000
- bank financing acceptable
- cash purchase has a 90 days payment plan
Don't miss out on this investment opportunity! Call mbugua now on 0725414068 to schedule a free site visit; start on your investment journey and set yourself up for financial freedom for the rest of your life
Property Ref: 20944 | Added On: 23 Feb 2023 | Last Updated: 08 Jul 2024 |
Market Status: Sold | Type: Commercial Land | Total Area: 500 sqm |
Interested in this property?
The information displayed about this property comprises a property advertisement. Kenya Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Kenya Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Plots To Homes Properties. Kenya Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.