0.42 ac Land in Kiambu Road

KSh 32,000,000

Kiambu Road

Size:

0,42 ac

Report

Land Description

Half Acre land for sale in Runda Mushroom This would be a perfect location for anyone looking to build a home or for a developer looking to build and sell. The following is a breakdown of anyone who would be interested to develop townhouses for sale. 1. Mushroom gardens is a controlled area with good road networks 2. Outside tne gated. Estate, one can build upto 4 units each on 1/8th acre 3. Unit Price would range between 40m to 50m and depending on the finishes 4. The land Value is 32M 5. Building cost for a 300m² townhouse would be around 15M plus or minus. (Working with 45,000 per sqm) 6. Total construction costs plus the land Value would be Approx 95m 7. Total sales would be 45 by 4 that is 180M. An approx 80M Margin. 8. Project duration would be between 7mon to 1yr from design, construction and handover. 9. Rental income would be approx 250k to 300k for anyone looking for investment. Alternatively one can buy and build a main House and another unit for investment. The choice Is yours. If you would be interested in this project, let us take you through it. Please contact George