Are you looking for a low risk and high reward investment that will guarantee you a consistent income and one that you can pass on to your heirs?
Why not put up high-rise apartments on this beautiful ¼ (100*100ft) of an acre residential plot that is on sale in Gikambura, Kikuyu sub-county
It is conveniently located fronting the newly tarmacked Musa Gitau – Gikambura Town link road just 100 meters past Musa Gitau shopping center
The plot is vacant, square in shape, slopes gently (perfect for drainage), boasts of red soil (perfect for development) and features a mature kei-apple fence that secures the entire property
It is registered under a Free-hold Title Deed that is available to facilitate your due diligence
A delightful corner plot, it presents a golden opportunity for an investor looking to put up high rise apartments with a 2 bedroom house currently letting for Kshs. 20-25k and a 1 bedroom letting for Kshs. 12-15k
Mains electricity is available for connection. Water for domestic use is plentiful with connections available from both Kikuyu Water Company as well as from a borehole sunk within the immediate area
This neighborhood enjoys excellent security with both the Thogoto and Mai –ai-hii Police Posts only a short distance away
Gikambura is a well – developed populous area that is buzzing with activity and there is lots of foot traffic due to its accessibility
Facilities such as reputable schools and hospitals, cafes and restaurants, open air markets, leisure amenities and religious complexes are in close proximity and easily accessible owing to the growing nature of the neighborhood
For example when it comes to schools, residents have a wide variety to choose from including the Damacrest Group of schools, The Green Garden School, Brilliant School, Shalom Juniour School, Golden Heights Academy amongst others.
Commuting to and from work is a big part of most people’s days. This area enjoys easy access to major roads and/or public transportation. The Southern Bypass which is only 2kms away provides easy access to the CBD (23Kms away), Upperhill, Kilimani, JKIA, Wilson Airport and surrounding suburbs. The ongoing expansion of Waiyaki Way will also render the journey into Westlands seamless
These infrastructural developments, outstanding social facilities and good sunny weather make the location a desirable place that has proved popular with residential developers and ultimately end users.
The property is available for cash buying (payment within 3 months) and/or Bank/Sacco/Institutional financing
Price: 12M (Negotiable)
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