1/4 Acre Plot for Sale - Kerarapon Drive

1/4 Acre Plot for Sale - Kerarapon Drive - 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 85%

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Customary Ownership
Address
murayaprimeproperties@gmail.com
Land Area
0.25
Facilities
Car Parking, Electric Supply, Rain Water Drainge, Water Supply
Listing by
Agent
Access Road
Paved Road
Property Use
Mixed
Type of Purchase
Outright Price
Development Status
Undeveloped

1/4 Acre Plot for Sale - Kerarapon Drive Highlights

  • Mixed-Use Land Potential: Mixed-use land offers flexibility for various developments, combining residential, commercial, or industrial purposes. This versatility can maximize investment potential and cater to diverse community needs.
  • Customary Ownership: Customary ownership in Tanzania is based on traditional laws and practices, often recognized by local authorities. It typically grants rights of use and inheritance within a community context.
  • Essential Utilities Available: Plots with access to electricity and water supply are highly desirable, simplifying the development process. Rainwater drainage facilities are crucial for managing water runoff and preventing erosion.
  • Paved Road Access: Access via a paved road ensures easier transportation and reduces wear and tear on vehicles. It also enhances the overall accessibility and value of the property, especially for commercial or residential use.
  • Undeveloped Status: An undeveloped plot provides a blank canvas for buyers to design and construct according to their specific vision and requirements. This offers complete control over the development process and layout.

Description

• 0.25 acre (approximately 1011 sqm) plot located within an exclusive gated community of three homes. • Features rich red soil, suitable for construction and landscaping, with mature trees providing natural aesthetics. • Essential utilities including water and electricity are available at the plot boundary. • Situated in a secure and private neighborhood surrounded by modern, high-end homes. • Convenient access to Kerarapon Drive, offering an excellent residential setting. • Clean customary ownership title deed, undeveloped status, ready for immediate transfer. • Priced at KES 20,000,000, offering potential for investment or building a custom home.

Compare

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1/4 Acre Plot for Sale - Kerarapon Drive
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TypeMixed-use LandResidential LandResidential Land
FacilitiesCar Parking, Electric Supply, Rain Water Drainge, Water SupplyElectric Supply, Water SupplyDomestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
TitleCustomary OwnershipCustomary Ownership
Addressmurayaprimeproperties@gmail.comOlkeri, NgongDaykio Bustani
Land Area0.2510000
Listing byAgentAgent
Access RoadPaved RoadPaved RoadPaved Road
Property UseMixedResidentialResidential
Type of PurchaseOutright Priceper AcreOutright Price
Development StatusUndevelopedPartially DevelopedUndeveloped
PriceKSh 20,000,000KSh 25,000,000KSh 15,500,000