2 Acres Prime Land in Rironi Near Tilisi

2 Acres Prime Land in Rironi Near Tilisi - 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 94%

Market Demand

High Demand

Details

Type
Residential Land
Title
Lease Agreement
Address
Nairobi
Land Area
2
Facilities
Electric Supply, Rain Water Drainge, Water Supply
Listing by
Owner
Access Road
Gravel Road
Property Use
Residential
Type of Purchase
Outright Price
Development Status
Cleared

2 Acres Prime Land in Rironi Near Tilisi Highlights

  • Residential Land Potential: Residential land is typically zoned for housing, offering a stable environment for building homes. It often benefits from community infrastructure and services, making it suitable for long-term living.
  • Leasehold Title Explained: A leasehold title grants the right to occupy and use land for a specified period, rather than outright ownership. This arrangement is common in many regions and can offer a more affordable entry into property ownership.
  • Essential Utilities Available: Properties with existing electric and water supply connections significantly reduce development costs and time. Rainwater drainage systems are crucial for managing runoff and preventing erosion, especially in residential areas.
  • Gravel Road Access: Gravel roads provide essential access to properties, particularly in developing areas. While they may require more maintenance than paved roads, they are generally durable and cost-effective for rural or suburban settings.
  • Cleared Land Benefits: Cleared land is ready for immediate development, saving buyers the time and expense of site preparation. This condition is ideal for construction projects, allowing for quicker commencement of building activities.

Description

• Two acres (approximately 8,093 square meters) of prime land, suitable for residential development. • Located in Rironi, approximately 1 kilometer from the main gate of Tilisi. • The property offers scenic views, including distant views of the Nairobi skyline. • Water and electricity infrastructure are available within reach of the property boundary. • The area is characterized by a peaceful environment and lush surroundings. • Access to the property is via a gravel road. • The land is cleared and ready for development.

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TypeResidential LandMixed-use LandMixed-use Land
FacilitiesElectric Supply, Rain Water Drainge, Water SupplyDomestic Sewage, Electric Supply, Rain Water Drainge, Water SupplyElectric Supply
TitleLease AgreementCustomary Ownership
AddressNairobiOlkeriKorompoi
Land Area224
Listing byOwnerAgent
Access RoadGravel RoadDirt RoadPaved Road
Property UseResidentialMixedMixed
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusClearedPartially DevelopedFenced
PriceKSh 55,000,000KSh 60,000,000KSh 40,000,000