0.145 Acre Land for Sale Along Thika Road

0.145 Acre Land for Sale Along Thika Road - 1
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Price Analysis Above Market

Based on 1148 similar listings

Negotiation Tips

Price is significantly above market

Suggested offer: KSh 3.5M

Potential discount up to 85%

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Lease Agreement
Address
Eastern bypass Exit to Thika road
Land Area
0.145
Access Road
Paved Road
Property Use
Mixed
Type of Purchase
Outright Price
Development Status
Undeveloped

0.145 Acre Land for Sale Along Thika Road Highlights

  • Strategic Location: Properties along Thika Road benefit from proximity to Nairobi's central business district and major transport arteries. This area is known for its commercial and residential development potential.
  • Mixed-Use Zoning Potential: Mixed-use land allows for a combination of residential, commercial, or industrial developments. This offers flexibility for future investment and diverse income streams.
  • Undeveloped Land Advantages: Undeveloped land provides a blank canvas for custom design and construction. Buyers can build to their specific needs and vision, avoiding demolition or renovation costs.
  • Access to Infrastructure: Proximity to paved roads ensures easy access for vehicles and transportation of materials. This is crucial for development and daily convenience.
  • Leasehold Title Benefits: Leasehold titles grant the right to occupy and use land for a specified period. This can offer a more affordable entry point into property ownership compared to freehold.

Description

• Prime 0.145-acre plot (55x115 ft) located at the intersection of Thika Road and the Eastern Bypass exit. • Fully serviced with water, sewer, and electricity readily available on-site, allowing for immediate construction. • Situated in a rapidly developing area with ongoing high-rise developments and growing commercial activity. • Excellent accessibility via a paved access road, connecting directly to major transport routes. • Ideal for mixed-use development, capitalizing on high traffic flow and strategic location. • Undeveloped land with a leasehold title agreement.

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TypeMixed-use LandMixed-use LandMixed-use Land
TitleLease AgreementLetter of Allotment, Co-operative Society Certificate, Customary Ownership, Lease AgreementCustomary Ownership
AddressEastern bypass Exit to Thika roadNext to Kenya fibre and the gated Batuk residence1573
Land Area0.1452.52
Access RoadPaved RoadGravel RoadPaved Road
Property UseMixedMixedMixed
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusUndevelopedClearedUndeveloped
PriceKSh 24,000,000KSh 24,000,000KSh 30,000,000