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0.53 Acre Redevelopment Plot For Sale on 1st Parklands Corner, Nairobi

KSh 260,000,000
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Overview

  • Updated On:
  • 12 November 2024
  • Property ID
  • 29256
  • 23,087.000 ft2

Description

Highlights

  • Prime Location: Situated at the highly trafficked 1st Parklands Corner, ensuring maximum exposure and accessibility.
  • Development Potential: A blank canvas for residential, commercial, or mixed-use development with ample space to innovate.
  • Utilities in Place: All necessary utilities like water, sewer, and electrical connections are readily available, facilitating immediate development.
  • Strategic Investment: Positioned amidst a burgeoning area known for its growth trajectory, ideal for investors seeking value appreciation.

Lot Details

  • Lot Size: 0.53 Acres (Approximately 23,087 SqFt)
  • Price: KES 260,000,000
  • Proposed Use: Redevelopment (Residential, Commercial, or Mixed-Use)

Property Overview

This 0.53-acre plot on 1st Parklands Corner is a prime piece of real estate ready for acquisition and development in one of Nairobi’s most vibrant neighbourhoods:

  • Visibility: Its corner position at 1st Parklands ensures high visibility, making it attractive for both residential and commercial projects.
  • Growth Area: Parklands is a hub of activity with ongoing developments that promise a thriving community and increased property values.
  • Development Readiness: With utilities already in place, this plot minimizes the preparatory steps for new construction, enabling a quicker start to your project.
  • Urban Integration: Proximity to essential services, transport links, and commercial amenities makes this location exceptionally appealing for various development types.

Why Invest Here?

  • Market Potential: The real estate market in Parklands continues to see robust demand, driven by its strategic location and ongoing urban development.
  • Flexibility: The plot offers the freedom to tailor the development to market needs, whether it’s luxury apartments, office spaces, or a mixed-use development.
  • Future Value: Investing in this plot is not just buying land; it’s securing a stake in Nairobi’s growth, with the potential for significant appreciation over time.

Here’s your chance to shape the future skyline of Nairobi from this prime redevelopment site. Ideal for developers looking to make a significant impact in a city where space is at a premium and opportunity knocks loudly.

Property Id : 29256
Price: KSh 260,000,000
Property Size: 23,087.000 ft2
Property Lot Size: 0 acres
Size: 0.53 Acres (Approximately 23,087 SqFt)
City:
Area:
State/County:
Country: Kenya
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KSh 2,300,895.00
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  • Principal and Interest
  • Property Tax
  • HOA fee
KSh 2,300,895.00
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