Thinking of putting up high-rise apartments? Think Thogoto!
Real estate investment can be a profitable venture for those who are willing to put in the effort.
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 (rent is due every month), Capital Appreciation (the value of real estate tends to increase over time) and an Inflation hedge (through capital appreciation and 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
Whether you're a first-time or a seasoned investor, finding the perfect location to invest in is where it all starts. The last thing you want is to be stuck with a rental property that no one is willing to occupy.
A perfect location would be one with high growth potential, excellent security, within a commutable distance to the CBD and with access to quality infrastructure and conducive social amenities like a huge road network and a sound transport system
That's why this ¼ acre (100*100ft) plot that's on sale within the Thogoto Teachers College neighborhood in Thogoto Kikuyu is the perfect place to build your dream apartments
The plot is vacant, rectangular in shape, has a gentle gradient ensuring good drainage and boasts of red soil (which is perfect for construction)
It therefore lends itself well for the construction of residential flats in line with the neighborhood character, with 2 bed-room houses going for between 25-30k and 3 bedroom houses going for between 30-35k; offering a fantastic Return On Investment
The plot holds a ready title deed that will ensure that your due diligence, financing and the transfer process will be smooth and straight forward
All essential amenities – mains electricity, county water, internet connection and the county’s sewer system – are within reach
The plot is conveniently located just 600mts off tarmac (Thogoto – Mutarakwa Rd) and is value added with a stone perimeter wall on 2 sides
This neighborhood enjoys exceptional security with the Thogoto Police Post only a few meters away
The plot sits just 5kms outside of Kikuyu Town with her wide array of amenities such as several well-known hospitals, banks, cafes and restaurants, reputable schools, government offices and agencies, supermarkets, places of worship and other social hotspots making it very popular with residential developers and ultimately end users
When it comes to commuting to-and-from work, the plot sits within commutable distance to the CBD, Westlands, Kilimani, Upperhill, JKIA and the Wilson Airport via the Southern by-pass, the recently revamped Waiyaki Way, the Western by-pass or the Kikuyu – Nairobi commuter train route, providing utmost convenience
The property can be purchased in cash (with a 90-day payment plan) or through Bank/Sacco Financing
Price: 10.5M (Negotiable)
See Yourself Investing Here?
Call Mbugua Now on
07254****
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to schedule a Free Site Visit; start on your investment journey and set yourself up for financial freedom for the rest of your life...