5 Acre Development Land for Sale in Tigoni, Kiambu county

5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
  • 5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
  • 5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
  • 5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
  • 5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya
  • 5 Acre Development Land for Sale in Tigoni, Kiambu county - Kenya

Transaction Typesell

Area10700 m2

Description :

This property for sale in Tigoni is located about 2.5km from the Banana - Tigoni - Limuru road and is about 6km from Kentmere club. The property is ideal for residential houses development on half acres for either sale or for rent

Built houses in this location could fetch over 100% of the invested amount

Features
- over 95% of the property is relatively flat, with the sloppy portion having great views
- Free hold title deed
- Rectangular in shape and suitable for a gated community of 10 houses
- Fertile Red soil
- Electricity supply in the neighbouring residences

Possibilities
- One can develop the property and sell or rent out. A separate 0.5 Acre in the area would fetch about Kes 12m, and in another year or two in the region of Kes 16-17m
- Rental houses on 0.5 acre (3 - 4) Bedrooms high class maisonettes would rent for between Kes 200-250k a month
- Houses would sell from Kes 40m+
- One can develop green houses or intensive farming for a few years and later develop the estate

This property is ideal for a developer looking to develop high end homes. It would be a good residence for diplomats, businessmen and corporate executives

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