1/8 Acre Plot Near Millenial Hotel, Ongata Rongai

1/8 Acre Plot Near Millenial Hotel, Ongata Rongai - 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 77%

Market Demand

High Demand

Details

Type
Mixed-use Land
Address
Ongata Rongai
Land Area
0.125
Facilities
Domestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
Access Road
Dirt Road
Property Use
Mixed
Type of Purchase
Outright Price
Development Status
Undeveloped

1/8 Acre Plot Near Millenial Hotel, Ongata Rongai Highlights

  • Mixed-Use Land Potential: Mixed-use land offers flexibility for various development types, including residential, commercial, or a combination. This versatility can be beneficial for future property value and utility.
  • Essential Utilities Access: Plots with access to domestic sewage, electric supply, and water supply are generally more attractive for development. These connections significantly reduce initial setup costs and time.
  • Rainwater Drainage Systems: Effective rainwater drainage is crucial for preventing waterlogging and erosion, especially during heavy rains. This feature helps protect the structural integrity of future developments on the plot.
  • Undeveloped Land Benefits: Undeveloped land provides a blank canvas for buyers to design and build according to their specific needs and preferences. It often comes at a lower initial cost compared to developed properties.
  • Dirt Road Access Considerations: Access via a dirt road can sometimes indicate a more rural or developing area. While it may present challenges during wet seasons, it often offers a quieter environment and potential for future infrastructure upgrades.

Description

• 1/8 acre plot (approximately 506 sqm) located in the Gataka area, Ongata Rongai. • Positioned a few meters from Millenial Hotel, offering convenient access to Gataka Road. • Suitable for residential development, apartments, rental units, or other investment projects, subject to planning approvals. • Located in a rapidly developing neighborhood with established developments and amenities nearby. • Undeveloped land with mixed-use potential, ideal for long-term investment. • Utilities including domestic sewage, electric supply, rain water drainage, and water supply are available. • Access via a dirt road, connecting to the main Gataka Road.

Compare

1/8 Acre Plot Near Millenial Hotel, Ongata RongaiThis item
1/8 Acre Plot Near Millenial Hotel, Ongata Rongai
KSh 13,000,000
Quarter Acre Residential Plot for Sale at Daykio Bustani
Quarter Acre Residential Plot for Sale at Daykio Bustani
KSh 15,500,000
Quarter Acre for Sale at Infinity
Quarter Acre for Sale at Infinity
KSh 10,000,000
TypeMixed-use LandResidential LandCommercial Land
FacilitiesDomestic Sewage, Electric Supply, Rain Water Drainge, Water SupplyDomestic Sewage, Electric Supply, Rain Water Drainge, Water SupplyDomestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
AddressOngata RongaiDaykio BustaniInfinity
Land Area0.1251000010000
Access RoadDirt RoadPaved RoadPaved Road
Property UseMixedResidentialCommercial
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusUndevelopedUndevelopedUndeveloped
PriceKSh 13,000,000KSh 15,500,000KSh 10,000,000