Fully-serviced ¼ -acre Plot For Townhouse Development In Kikuyu

Are you a discerning investor, new or seasoned, looking to purchase land for townhouse construction in Kikuyu?

Investing in townhouses can be a very lucrative investment and a great way to secure your family's future since it provides you with;
- A steady income flow (rent is due every month)
- Long-term capital appreciation (the value of real estate tends to increase over time), and,
- An inflation hedge (through capital appreciation and rent increases)

But for it to be a successful and profitable venture, it requires careful consideration of several key factors such as the location of the property, to determine whether it;
- Aligns with your investment objectives, and,
- Has the potential to meet the demands and preferences of your target audience, because choosing where to buy matters just as much as buying itself

And this ¼-acre plot that's on sale in Thogoto meets this critical criteria making it perfectly poised for townhouse development so it should be on top of your to see list!

Why should you build your townhouses on this plot?
- Zoning and Land Use -- It's situated in an area zoned for residential use, allowing for multi-unit dwellings such as townhouses so you won't face any challenges when seeking building approvals. The neighborhood features several fully-occupied townhouses, indicating compliance with zoning regulations and a thriving rental market. The plot therefore lends itself well to the construction of townhouses, in line with the neighborhood character, as precedence has already been set

- Ready Title -- It holds an unencumbered free-hold title deed so there will be no legal issues or delays. You'll enjoy a quick transfer, easy access to financing & development approvals and most importantly, legal ownership is guaranteed; providing peace of mind since your investment will be secure and undisputed.

- Excellent Security - It's located in a very safe neighborhood with reliable security measures in place to keep both your investment and your tenants safe such as functional street lights plus regular patrols by the vigilant security personnel from the Mai-ai-hii Police Post which sits directly opposite this property

- Property Condition and Potential for Development -- All essential utilities are on-site, including 3-phase electricity, county water, Safaricom's high-speed internet connectivity, good phone network plus a perimeter wall all-round that features a modern gate. This means it will require minimal amenities upgrades reducing your initial infrastructure investment costs and also meet the needs of modern tenants

- Location & Accessibility -- It conveniently sits fronting the tarmac, in the well-developed Green Garden Main School neighborhood. Easy access to major roads such as the Southern Bypass, Ngong Road, and Waiyaki Way plus proximity to public transport guarantees a hassle-free commute to Nairobi CBD and other key areas ensuring you can attract enough tenants to fill your townhouses and to retain long-term renters, guaranteeing a solid return on investment.

- Amenities and Lifestyle Offering: It sits within walking distance of most social amenities in the area such as schools, hospitals, cafes & restaurants, places of worship, fitness centers, shopping centers and other social hotspots providing a comfortable and convenient living environment for future residents.

- High Return On Investment -- It's located in an area with a strong demand for rentals, due to its proximity to Nairobi CBD, which will ensure high occupancy rates and consistent rental income. 3 & 4-bedroom townhouses are very popular here with these units fetching between KES 65,000 and KES 80,000 per month in rental income, offering a substantial return on investment.

- Local Infrastructure and Development Plans: It also sits a short distance away from several on-going projects that will significantly impact property values and rental demand here such as the completion of the Thogoto Level 4 Hospital (will increase access to affordable healthcare), the Thogoto market (will improve trade) and the Gitaru interchange and the Thogoto Railway Station (will greatly improve accessibility)

Asking Price: Kshs. 15M (Negotiable)

Want To Witness The Potential For Yourself?

Contact Me Right-away via +254 725 414 068 to schedule a guided site visit