Two Acres Prime Residential Development Land in Dagoretti- Opportunity for Immediate Development.
Description
Located in Dagoretti Area of Nairobi County, this strategically situated parcel of land is in a great residential location bubbling with high end prestigious developments. The property developer is assured of immediate Returns on Investment.
The land is strategically situated, 500M from Kikuyu Rd; 1.5 KM from the Southern Bypass and its easily accessed from Ngong Road via Kikuyu Road and Waiyaki Way via Muhuri Road. It connects directly to the Southern Bypass through Dagoretti Market.
The property is currently undeveloped with maize plantations on site offering an opportunity for immediate development.
Surrounding Area:
The surrounding area is a mix of residential properties, schools, shopping centers and social amenities, creating a dynamic and thriving environment.
The immediate neighbor has developed and sold out 4 Bedroom Townhouses at Ksh25M per unit. Four other gated communities under construction in the same radius of the land.
Property Development Potential:
This property presents an exceptional opportunity for developing the following projects:
- Gated Community– Enough space to develop a minimum 7 units per acre gated community for outright sale of homes to individual home seekers.
- Apartment Blocks– 2 and or 3 Bedroom Apartments highly recommended. The development can be either for Rental or Sales units. Young families’ housing location demand is your fulfillment.
- Subdivision and Single Unit Residential Homes– Opportunity for subdividing the land into 1/8 Acre plots for resale to individuals to develop their homes.
- A Learning Institution– With the amazing accessibility and the serene environment, and the big Kikuyu and environs population, your learning institution will be a direct success.
Average location-based Apartment selling price per unit:
- 2 Bedroom: – Ksh.6.5M
- 3 Bedroom: – Ksh.8M
Average location-based Town Houses selling price per unit:
- 3 Bedroom Houses: – Ksh.20M
- 4 Bedroom Houses: – Ksh.25M
Property Size:
- 2 Acres with Ready Individual Titles
Property Sale Price:
- 1 Acre-Ksh.33M
- 2 Acres- Ksh.64M
To book an appointment for viewing. Call/ WhatsApp Collins on 0720986989.
Address
Overview
- Property ID 2844
- Price KSH64,000,000
- Property Type Land, Residential
- Property status For Sale, Land
- Land area 87,120 SqFt