5 Acre land available for Joint Venture in Karen

KSh 70,000,000

Karen

Land · For Sale
5 ac

Description

5-acre Joint Venture opportunity in Karen, off Langata Road near Karen Hospital. The property is suitable for an exclusive low-density residential development of approximately 10 premium homes. The proposed JV structure is based on a 40:60 sharing ratio, translating to 4 completed units for the landowner and 6 units for the developer. The land is valued at KES 70 Million per acre, making the total land value KES 350 Million. No upfront payment is required. • Size: 5 Acres • Location: Karen, Off Langata Road • Land Value: KES 70 Million per Acre (KES 375 Million Total) • Sharing Ratio: 40:60 • Units Allocation: 4 Landowner / 6 Developer • No Upfront Payment Required Contact George: for viewing arrangements

Neighborhood

Karen
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Popular points of interest

Karen Blixen Museum 0.1 km
Camillian Sisters 1.2 km
Hekima Senior Secondary School 1.8 km
Marist International University College 1.8 km
Dimesse Sisters Karen 2 km
Pivad Real Estate
Pivad Real Estate
Listing ref PRE1575

Pivad Real Estate

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