1 ac Residential Land at Thogoto

Buying land for development can be a very lucrative investment. But, it's also one that carries a lot of risks and as such needs to be well-researched prior to purchase

Whether you're looking to build palatial stand-alone homes or a block of apartments, there are a plethora of essential factors to consider to determine whether the land is suitable for the intended use and if it will be a savvy move in the long term

You must take into account the price, location of the land, zoning regulations, terrain and topography, neighborhood characteristics, market conditions, trends, and other considerations.

This is because the wrong plot of land can slow down your development plans by months, if not years and this slower turn-around time may mean incurring more costs and /or losing money

It's something that will be said again and again in the property world, but the LOCATION of your plot is the key element for success

A perfect location would be one with high growth potential, within commutable distance to the Central Business District (CBD) and one with easy access to quality infrastructure and conducive social amenities like a sound transport system, reputable schools and hospitals, supermarkets, cafes and restaurants like Kikuyu.

That's why this 1 Acre plot that's on sale in Thogoto, Kikuyu, along the Green Garden Main School Rd is the perfect place to build your dream Town houses

The perfect size for a development property, it's vacant, rectangular in shape, has a gentle gradient ensuring good drainage, boasts of red soil (which is perfect for construction) and borders developed properties

The plot holds a Free-hold Title deed that will ensure that your due diligence, financing and transfer process is smooth and straight forward

It's value added with a stone perimeter wall on 2 sides, mains electricity and county water on site, a temporary site house and a double door metallic gate

The size, shape and location of this property offer a golden opportunity for the construction of a community of residential homes in line with the neighborhood character

These developments have proved very popular here with a similar project nearby (Eden View Estate) selling 4-bedroom maisonettes at 20M and letting them out for Kshs. 80,000 per month

This neighborhood enjoys excellent security with the Mai - Ai - Hii Police Post only a short distance away

Location-wise, this plot conveniently sits just 100mts off tarmac and just 7kms outside of Kikuyu Town with her wide array of amenities such as reputable schools and hospitals, cafes and restaurants, playgrounds, government offices and agencies, banks, supermarkets, religious complexes and other social hotspots making living here incredibly convenient

Commuting to and from work is a big part of most people's days. This area enjoys easy access to major roads and/or public transportation. The Southern Bypass which is only 2kms away provides easy access to the CBD, Upperhill, Kilimani, Westlands, JKIA, Wilson Airport and surrounding suburbs

These outstanding social facilities and good warm weather make the location a desirable place that has proved popular with residential developers and ultimately end users.

The property can be purchased in cash (with a 90-day payment plan) or through Bank/Sacco Financing

Price: 42M (Negotiable)

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