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Property Description
When you want to put up residential flats, the first question that comes to mind is; will I see the return on investment?
Well, here is an 1/8th --acre plot that's on sale in Matasia, just 600mts away from Matasia Shopping Center that guarantees you a handsome return
Two Bed apartments in the area are let at 20-25k & 1 Bed at 15-18k
It's not a gamble!
This prime piece of land sits in a well-developed neighborhood, just 100mts off tarmac (Matasia -- Merisho Rd) making it very ideal for an apartment block
The Plot;
- Holds an Unencumbered FREE-HOLD TITLE DEED that will ensure that your investment is secure & undisputed
- Is vacant, rectangular in shape, has a gentle slope ensuring good drainage, boasts of black cotton soil (which is perfect for construction of Apartments), is value added with a barbed wire fence all round and borders developed properties
- Enjoys easy access to county water, 3 phase electricity and Safaricom's Fiber Internet
- Sits just 100mts from the tarmac so it's easily accessible via both public and private means
- Enjoys exceptional security with the Matasia Police Post only a short distance away
- Conveniently sits within close proximity to most social amenities in the area such as reputable schools and hospitals, cafes and restaurants, supermarkets, places of worship and other social hotspots making living here incredibly convenient and fulfilling
- Is situated near several fully occupied apartment buildings so it lends itself well to the construction of similar densities in line with the neighborhood character
This is THE investment you have been looking for and it comes at a very attractive negotiable price of only 𝐊𝐞𝐬 3,550,000
- Bank Financing acceptable
- Cash Purchase has a 90 Days Payment Plan
Want To See The Potential For Yourself?
Contact Me Right-away on +254 725 414 068 And Let's Discuss The Numbers As We Take You For A FREE SITE VISIT
Property Details
| Property Ref: 39788 | Added On: 22 Oct 2024 | Last Updated: 23 Jan 2025 |
| Market Status: Not Available | Type: Residential Land | Total Area: 500 sqm |
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Thogoto, Kikuyu, Kiambu, Kenya
0725 XXXX Show Phone
+254725414068
Registered 3 years ago
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