Isinya Kajiado ( KE - 23000) Built

KES4,200,000 KES

Nairobi Real Estates Limited

Nairobi Real Estates Limited Nairobi Real Estates Limited 0725884003 (Office) 0725884003 (Cell) Request More Info

  • Type: Lots and Land
  • Style: Lot / Land
  • Lot Type: Rectangular
  • Lot Size: 5 acres

Description

5 Acre Land for Sale in Isinya, 800m off the Isinya Konza Bypass. This Plot of Land for Sale in Isinya is about 12km from Isinya Town and very close to the Isinya - Konza - Ngong - Mai Mahiu bypass.

This land can be sub-divided into 32, 50 x100 plots each going at a rate of Kes 250,000 per plot.

It is a good investment for those looking to keep the land for say one year, while the plots would be retailing about Kes 290k.

Assume plot sale price of Kes 290k. Allocate 40k as cost of sub-division and agency fees, and a net sale price of 250k

32 plots x 250,000 = 8,000,000

Versus a purchase price of 4,200,000

Net profit of say, Kes 3,800,000 - allow another 12 months to sell the plots. So,

profit of 3.8m/4.2m = 90% in two years.


The land is ideal for residential construction. There is an accessible Established Murram road soon to be tarmaced in place to serve Konza city residential needs. . Please note that there are free Architectural plans that could be used for construction on this plots and a reliable contractor is ready to build your house.

Type of Title Deed - Free hold

Properties for Sale in Kajiado county by Nairobi Real Estates, Estate Agents in Kenya

Attachments

P2#159292241
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Information is deemed to be correct but not guaranteed.