0.6 ac Land in Westlands Area

KSh 150,000,000

Westlands Area, Westlands

Size:

0,6 ac

Report

Land Description

Prime Joint Venture Opportunity – School Lane, Westlands. Property Highlights - Land Size: 0.6 Acres - Location: School Lane, Westlands - Property Value: KES 350 Million - Corner Plot: Offering superior frontage and design flexibility - Development Potential: Suitable for a high-rise development of up to 25 floors (subject to statutory approvals) - Infrastructure: Connected to water and sewer lines - Prime Address: Surrounded by premium residential, commercial, hospitality, and mixed-use developments - Ideal For: Residential apartments, serviced apartments, mixed-use developments, offices, or hospitality projects Joint Venture Proposal - Upfront Payment: KES 150 Million, payable upon execution of the joint venture agreement. - The upfront payment shall be deducted from the landowner's eventual entitlement in the completed project. - Profit/Unit Sharing Ratio: To be mutually agreed upon based on the proposed development concept, project economics, and contribution of each party. - Land Value: KES 350 Million - Upfront Consideration: KES 150 Million (deductible from the landowner's share) - JV Sharing Structure: Open for discussion and negotiation. For More details and viewing, Contact George