Wednesday, 15:39
Ad ID 5726753
KSh 14,000,000

500 m² Commercial Land in Kikuyu Town

Kikuyu T-Ship Kiambu
Details
Amenities
  • Bus Stop
  • Hospital
  • School
Acre
0.1
Description

Real estate investment can be a profitable venture for those who are willing to put in the effort.

However, with numerous investment options available, it can be challenging to determine which opportunities are worth pursuing

One investment option you shouldn't overlook is owning an apartment building. It's not always the most hands-off option, but if you're looking for a long-term investment that offers;

• A steady income flow - with the rent due every month, an apartment building offers unrivaled cash flows

• Capital appreciation - people will always need a place to live so your investment, if well maintained, will increase in value over time

• Inflation hedge - Owning an apartment building is one of the best possible investments because owners can hedge inflation in two ways - through capital appreciation and rent increases. Some of the effects of inflation will be naturally absorbed by capital appreciation and the apartment building owner can easily pass the rest onto tenants through rent increases

Then owning an apartment building is perfect for you.

Investing in apartments requires careful consideration of various factors such as location, market demand, affordability, growth potential, rental income potential, legal considerations like zoning laws etc. because they all have a significant impact on the success of your investment

The last thing you want is to be stuck with a rental property that no one is willing to occupy.

Finding the perfect location to invest is where it all starts!

A perfect location would be one with high growth potential, within a commutable distance to the CBD and with access to quality infrastructure and conducive social amenities like a sound transport system, reputable schools and hospitals, shopping malls, cafes and restaurants, banks etc.

That's why this 1/8th of an Acre commercial plot that's on sale within Kikuyu Town, is the perfect place to build your dream apartments

It's vacant, rectangular in shape, gently sloping, boasts of red soil (which is perfect for construction) and is conveniently located just 50mts off tarmac

The plot proudly sits near some 2 and 3 bedroom apartments renting for between Kshs. 25k and 38k per month respectively. It therefore lends itself well for the construction of similar densities in line with the neighborhood character

It holds a Free-hold title deed that will ensure your due diligence; bank financing and transfer process will be smooth and straight forward

All essential amenities - Mains electricity, county water, internet and sewer connection - are available on site

This neighborhood enjoys excellent security with the Kikuyu Police Post only a short distance away

Kikuyu has several well-known hospitals, banks, hotels, schools, and supermarkets to cater to the growing community in the town

This area is easily accessible via both private and public transportation offering an easy commute to-and-from work. The Southern Bypass which is only 1km away provides easy access to the CBD, Upperhill, Kilimani, Westlands, JKIA, Wilson Airport and surrounding
suburbs.

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

For only Kshs. 14M, you can start on your investment journey and set yourself up for financial freedom for the rest of your life...

Want to schedule a viewing?

Call Mbugua Now on **********...

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Edwin Mbugua
Member Since 2. Apr '14
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