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Mombasa Road - Commercial Land, Land

KSh 356,250,000
Ad ID
1229604
Posted at
26. Nov '18, 11:19
Location
Embakasi Nairobi
Description

Ref.: PCL0003
Strategically located within a residential area near Kapa Oil refineries and Kenya Bankers Estate off- Mombasa road is 4.75 Acres of prime land for development.

This land has the potential for development of 15 villas per acre, each selling for Kes 20M, making sales of Kes 300M per acre. The 4.75 Acres therefore have potential for unit sales of Kes 1.4B.

In the same neighborhood are residential developments where other investors have put-up houses for sale, 15 units per acre @ Kes 20M each, about 60 units are all fully sold out and gearing for phase 2 now. which makes this property a great investment opportunity for a developer.

Open to receive offers

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Point Capital (K) Ltd
Member Since 26. Nov '18 8 Active Ads 9 Published Ads
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