0.5 Acre Mixed-Use Land in Lavington

0.5 Acre Mixed-Use Land in Lavington - 1
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Price Analysis Above Market

Based on 590 similar listings

Negotiation Tips

Price is significantly above market

Suggested offer: KSh 3.05M

Potential discount up to 98%

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Lease Agreement
Address
lavington
Land Area
2023
Facilities
Electric Supply, Domestic Sewage, Water Supply, Rain Water Drainge
Listing by
Agent
Access Road
Gravel Road
Property Use
Mixed
Type of Purchase
Outright Price
Development Status
Undeveloped

0.5 Acre Mixed-Use Land in Lavington Highlights

  • Mixed-Use Land Potential: Mixed-use land offers flexibility for various developments, combining residential, commercial, or industrial purposes. This versatility can maximize investment returns and cater to diverse community needs.
  • Leasehold Title: Leasehold land means you own the right to use the land for a specified period, as outlined in the lease agreement. It's a common ownership structure in many regions, offering secure tenure for the duration of the lease.
  • Essential Utilities Available: Properties with electric supply, domestic sewage, and water supply connections are ready for immediate development. These fundamental utilities are crucial for any construction project, reducing initial setup costs and time.
  • Gravel Road Access: Access via a gravel road is common in developing areas, providing basic connectivity to the property. While functional, it may require more maintenance than paved roads and can impact travel time during certain weather conditions.
  • Undeveloped Land: Undeveloped land offers a blank canvas for buyers to design and build according to their specific vision and needs. It provides full control over the development process, from planning to construction.

Description

• Prime 0.5 acre (2023 sqm) mixed-use land parcel along Hatheru Road in Lavington. • Lease agreement title, ready for transfer and development. • Undeveloped plot, offering a blank canvas for various commercial or residential projects. • Access to essential facilities including electric supply, domestic sewage, water supply, and rainwater drainage at the boundary. • Located in Lavington, a well-established area known for its mixed-use developments and accessibility. • Property is listed by an agent, ensuring professional handling of the sale process. • Access road is gravel, connecting to main tarmac roads in the vicinity.

Compare

0.5 Acre Mixed-Use Land in LavingtonThis item
0.5 Acre Mixed-Use Land in Lavington
KSh 150,000,000
Commercial Plot for Sale at Eastleigh
Commercial Plot for Sale at Eastleigh
KSh 150,000,000
2.5 Acres at 120M and 1.5 Acres at 90M Touching Thika Garissa Road
2.5 Acres at 120M and 1.5 Acres at 90M Touching Thika Garissa Road
KSh 120,000,000
TypeMixed-use LandCommercial LandCommercial Land
FacilitiesElectric Supply, Domestic Sewage, Water Supply, Rain Water DraingeDomestic Sewage, Electric Supply, Rain Water Drainge, Water SupplyCar Parking, Electric Supply, Water Supply
TitleLease AgreementCustomary OwnershipLease Agreement
AddresslavingtonKirongothi streetThika Garissa near Palea and near Thika Technical
Land Area202350001000
Listing byAgentAgentAgent
Access RoadGravel RoadPaved RoadPaved Road
Property UseMixedCommercialCommercial
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusUndevelopedUndevelopedUndeveloped
PriceKSh 150,000,000KSh 150,000,000KSh 120,000,000

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