Price Analysis Great Deal

Based on 10 similar listings

Negotiation Tips

Price is below market average

Suggested offer: KSh 2.5M

Market Demand

Normal Demand

Details

Type: Mixed-use Land
Address: 57 Magumu
Property Use: Mixed
Type of Purchase: Outright Price

1 Acre Mixed-Use Land Highlights

Mixed-use Land Potential: Mixed-use land offers flexibility for various developments, combining residential, commercial, or industrial purposes. This can maximize investment returns and cater to diverse community needs.
Strategic Location Benefits: Land in well-chosen locations often appreciates faster due to accessibility, proximity to amenities, and future development plans. Researching the area's growth trajectory is key.
Infrastructure & Utilities Access: Availability of essential utilities like water, electricity, and road access significantly impacts development costs and timelines. Confirming these services is crucial for any land purchase.
Property Use Flexibility: A property designated for 'Mixed' use provides broad development options, from building homes to establishing businesses. This adaptability can be a major advantage for future planning.
Outright Purchase Advantages: An outright purchase offers immediate full ownership and avoids ongoing interest payments or lease restrictions. This provides complete control over the land's development and future.

Description

• 1 acre (approximately 4,047 sqm) of mixed-use land, suitable for various development projects. • Clean title deed available and ready for transfer, ensuring a smooth transaction. • The land is productive and well-drained, minimizing waterlogging issues. • Located approximately 1 km from the Flyover Njabini road, offering good accessibility. • Situated in Magumu, a developing region with potential for growth and investment. • The property is zoned for mixed use, allowing for residential, commercial, or agricultural development. • Outright purchase price of KES 2,500,000.