Narok Narok ( Rift Valley, KE - 54344)

KES11,000,000 KES

Nairobi Real Estates Limited

Nairobi Real Estates Limited Nairobi Real Estates Limited 0715212800 (Office) Request More Info

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

Description

5 Acre land for sale in Narok county near Olelai centre. This property for sale in Narok county is close to the 10 acre parcel purchased by Safaricom SACCO. The Safaricom SACCO land has been sub-divided and sells for about Kes 500k per plot. This land is near Electricity supply and it has well drained soils.

The agricultural farm land can be used for wheat farming, beans, maize and other seasonal crops. The area receives average rainfall. The land is also good for grass farming for hay production.

One could opt to buy and hold and lease it out to wheat farmers or grass farmers for 2 to 3 years, after which plots subdivisions will earn high income.

subdividing at this time, 1/8 acre plots will range from Kes 430k to Kes 500k. It is likely in about 3 years, the price of plots in this area may average from 700k to 800k.Meaning, one acre could earn up to 800 x 7 plots = Kes 5.6m in 3 years.


Terms of payment
- Deposit
- balance within 90 days

Real Estate investment opportunities in Narok county

Attachments

P2#190594116
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Information is deemed to be correct but not guaranteed.