Residential land for sale
Development Ready Quarter Acre Plot for Your Dream Apartments!
Imagine a steady rental income, happy tenants and a thriving community, all thanks to your smart investment... Well, this 100 x 100ft plot that's on sale in Thogoto, Kikuyu, Kiambu County offers you that opportunity Vacant, gentle sloping and rectangular in shape, it's primed for a 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 Southern by-pass plus a heavy population of young people, between 20 to 35, comprising recent graduates, dual-income Nairobi professionals with young families, and students from the nearby institutions of higher learning such as the Thogoto Teachers College, Presbyterian University, The University of Nairobi's Kikuyu Campus amongst others, looking for affordable off-campus housing This plot therefore lends itself well to the construction of studio apartments, 1-bedroom, 2-bedroom or 3-bedroom apartments in line with the neighborhood character These developments have proved very popular here with premium 1-bedroom apartments renting for upwards of kes 35,000 and 2-bedroom apartments renting for up to 50,000, providing a great return on investment Why Build Your Dream Apartments Here? - Legal security -- the plot holds a clean free-hold title deed that you can independently verify at the Lands Registry before you pay a shilling, guaranteeing a smooth & transparent transfer process - It Boasts of quality infrastructure -- from well-drained red soil, a confirmed all-weather access RD to reliable utilities (3-phase electricity, water, good phone network & fiber-optic internet on-site); everything your contractor needs to break ground from Day 1. - Prime location -- it conveniently sits only 200mts off the main Thogoto -- Gikambura RD, 5 minutes to the Southern by-pass, 15 minutes to the upscale suburb of Karen and just about 23Kms to the Nairobi Central Business District offering your future tenants a suburban escape without disconnecting them from the capital - Unmatched security -- security is a primary concern for any prospective tenant, and Thogoto handles this exceptionally well. The area benefits from a strong security presence, bolstered by nearby local police stations that have put in place reliable security measures to keep both your investment and your tenants safe (such as regular day & night patrols) - Seamless Connectivity & Proximity to Nairobi CBD - with multiple routes leading to their new home from the CBD (Southern by-pass, Ngong Rd, Muhuri Rd and Waiyaki Way), your future tenants will comfortably commute to work, school or leisure while enjoying a peaceful home environment away from the city - Affordability & Negotiability -- compared to neighboring established areas like Karen, Kikuyu town or Ruaka, Thogoto remains remarkably affordable. This plot is available at an attractive negotiable price of only kes 15M, payable in cash (within 3 months) or through Bank/Sacco financing allowing you to budget for its purchase effectively - Proximity to Amenities -- the plot is situated within walking distance of most social amenities in the area such as reputable schools & hospitals, bus stops, cafes & restaurants, gyms, places of worship, supermarkets & commercial centers like Kikuyu town & Karen making everyday living incredibly convenient & fulfilling - Local Infrastructure and Development Plans - It sits a short distance away from 3 major infrastructure developments, which on completion, will significantly impact property values and increase rental demand here; the Thogoto Level 4 Hospital, the Thogoto Railway Station & the Gitaru Interchange (which will drastically cut down travel times) - guaranteeing you a steady stream of income and long-term appreciation making this the perfect location to build your dream apartments Want to witness the potential for yourself? Call/WhatsApp me right-away via 0725414068 to schedule your guided site visit today & let us guide you towards your dream investment!
