Interested in this property?
Imagine a steady rental income, happy tenants and a thriving community, all thanks to your smart investments...
Well, we have this 1/8-acre plot on sale in Thogoto, Kikuyu Constituency that is simply the perfect spot to turn your dream investment into reality!
Vacant, gentle sloping and rectangular in shape, it's primed for multiple-dwelling residential development, holding a sought-after free-hold title deed
The demand in residential homes has steadily increased in Thogoto due to the increasing population as a result of its proximity to the CBD plus a heavy population of young people, between 20 to 35, comprising recent graduates, young professionals, and students from the nearby Thogoto Teachers College, Presbyterian University, The University of Nairobi's Kikuyu Campus amongst other institutions, looking for affordable off-campus housing
This plot therefore lends itself well to the construction of studio apartments, 1-bedroom, and 2-bedroom apartments in line with the neighborhood character
These developments have proved very popular here with 2 bedroom apartments renting for between Kshs. 25,000 & Kshs. 40,000 providing a great return on investment
Why Invest Here?
- Legal security -- the plot holds a free-hold title deed that's free from any encumbrances & disputes guaranteeing a smooth & transparent transfer process
- It Boasts Of Quality infrastructure - such as reliable power connection, water all year round, county sewer connection, high-speed internet connection & an all-weather access RD, so it will require minimal amenities upgrades reducing your initial investment costs
- Prime location -- it conveniently sits just 200mts off tarmac (Thogoto -- Gikambura RD) within walking distance of key locations like bus stops, cafes, shops & commercial centers ensuring your prospective tenants are never far from where they need to be.
- Unmatched security - It's located in a safe neighborhood with reliable security measures in place (such as regular patrols by the vigilant security personnel from the nearby Thogoto Police Post) to keep both your investment and your tenants safe
- Commute & Accessibility - with multiple routes (Southern by-pass, Ngong Rd, Muhuri Rd and Waiyaki Way) leading to their new home, commuting to work, school or leisure activities for your tenants, via private or public means, will be hassle-free
- Top-notch Amenities - the plot sits within minutes of all social amenities in the area such as reputable schools & hospitals making everyday living incredibly convenient & fulfilling.
- Affordability & Negotiability - plot is available at an attractive negotiable price of Kshs. 7M, payable in cash (within 3 months) or through Bank/Sacco financing allowing you to budget for the purchase effectively
- Local Infrastructure and Development Plans - It sits a short distance away from 2 on-going projects that will significantly impact property values and rental demand here; the Thogoto Level 4 Hospital and the Thogoto Railway Station
Want To See The Potential For Yourself?
Contact Me Right-away on +254 725 414 068 To Learn More And To Schedule A Site Visit
Property Ref: 42192 | Added On: 07 Dec 2024 | Last Updated: 14 Dec 2024 |
Market Status: Available | Type: Residential Land |
Interested in this property?
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