Kitengela Kajiado ( Rift Valley, KE - 2134)

KES9,000,000 KES

Nairobi Real Estates Limited

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

  • Type: Lots and Land
  • Style: Lot / Land
  • Lot Type: Rectangular
  • Lot Size: 1 acres

Description

1 Acres Plots for Sale in Kitengela Milimani Area @ Kes 9m per acre. These Kitengela plots are gently sloping and have good views of Milimani Estate and the Yukos area on the other side. The plots can be offered as one acre or the total of 2.8 acres.

This Land for Sale in Kitengela Kenya is suitable for building bungalow or maisonette houses for sale in Kitengela area. There are few real estate development in the neighbouring plots and property price at between 6m - 8m for Bungalows and from Kes 12m - 17m for Maisonettes.

Investment proposal

With about 13m investment cash, one can purchase one acre plot at Kes 9m, pay transaction fees and start building the first residential house for sale. On sale, once would recover about Kes 7m, and can then continue to build each house as soon as the other is purchased.

Other buyers may opt for bank financing and year after year, the cost of the land and houses will continue to rise in this area.

The Kitengela plots for sale in Milimani area goes from Kes 2.5 - 3.5m per 1/4 acre, while 1/8 acre goes for between 1.3 - 1.9m. Even with sub-division of plots for sale an investor would make a tidy sum from the investment.


Owner can sell one acre or the entire 2.8 acre.

High potential land for Sale in Kenya Kitengela for real estate development south of Nairobi.

Video of the plot

http://youtu.be/vtj04CqLuPE

Attachments

P2#147391098
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Information is deemed to be correct but not guaranteed.