1/4 Acre Commercial Plot for Sale Ruaka Gacharage

1/4 Acre Commercial Plot for Sale Ruaka Gacharage - 1
1 / 5

Price Analysis Above Market

Based on 1302 similar listings

Market Demand

High Demand

Details

Type
Commercial Land
Title
Lease Agreement
Address
n/a
Land Area
0.25
Facilities
Electric Supply, Water Supply
Listing by
Agent
Access Road
Paved Road
Property Use
Commercial
Type of Purchase
Outright Price
Development Status
Partially Developed

1/4 Acre Commercial Plot for Sale Ruaka Gacharage Highlights

  • Prime Commercial Location: Commercial plots in Ruaka Gacharage are strategically positioned for business growth. This area offers excellent accessibility and proximity to key amenities, making it ideal for various commercial ventures.
  • Generous 0.25 Acre Plot: This plot offers a substantial 0.25-acre space, providing ample room for development. It's suitable for constructing commercial buildings, retail spaces, or offices, allowing for flexible design.
  • Essential Utilities Available: The plot benefits from readily available electric supply and water supply. These crucial utilities ensure that development can proceed smoothly and efficiently, supporting operational needs.
  • Paved Road Access: Access to the plot is via a paved road, ensuring ease of transportation for vehicles, deliveries, and customers. This enhances the logistical convenience for any business operating here.
  • Partially Developed Potential: The land is partially developed, suggesting some existing infrastructure or groundwork. This can significantly reduce initial setup time and costs for new construction projects.

Description

• Prime 0.25-acre commercial plot, dimensions approximately 73x160 feet, located in Gacharage along Limuru Road. • Situated just 100 meters from Gacharage Total Petrol Station and 100 meters from Limuru Road, offering excellent visibility and accessibility. • The property is partially developed with a 3-bedroom bungalow (current rental income KES 60,000/month) and a block of 10 bedsitters (current rental income KES 105,000/month). • Structures can be removed if they do not align with buyer's investment plans, though this does not affect the property price. • Neighboring developments include up to 15-storey apartment buildings, indicating high demand for residential units in the area. • Current rental rates for 2-bedroom apartments in the vicinity range from KES 45,000-50,000, and 3-bedroom apartments from KES 55,000. • Utilities available include electric and water supply. Access is via a paved road. • Title type is Lease Agreement.

Compare

1/4 Acre Commercial Plot for Sale Ruaka GacharageThis item
1/4 Acre Commercial Plot for Sale Ruaka Gacharage
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TypeCommercial LandCommercial LandMixed-use Land
FacilitiesElectric Supply, Water SupplyCar Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water SupplyElectric Supply, Rain Water Drainge, Water Supply
TitleLease AgreementCustomary OwnershipCustomary Ownership
Addressn/aNaivas1573
Land Area0.251002
Listing byAgentAgentAgent
Access RoadPaved RoadPaved RoadPaved Road
Property UseCommercialCommercialMixed
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusPartially DevelopedPartially DevelopedUndeveloped
PriceKSh 39,000,000KSh 35,000,000KSh 30,000,000

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