8 Acres Land for Sale in Matungu

8 Acres Land for Sale in Matungu - 1
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Price Analysis Great Deal

Based on 590 similar listings

Negotiation Tips

Price is below market average

Suggested offer: KSh 1M

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Customary Ownership
Address
Makale
Land Area
8
Facilities
Electric Supply, Rain Water Drainge
Listing by
Agent
Access Road
Dirt Road
Property Use
Mixed
Type of Purchase
per Acre
Development Status
Partially Developed

8 Acres Land for Sale in Matungu Highlights

  • Mixed-Use Land Versatility: Mixed-use land offers flexibility for various development projects, including residential, commercial, or agricultural purposes. This adaptability can maximize investment potential and cater to diverse community needs.
  • Customary Ownership Explained: Customary ownership, common in many rural areas, is based on traditional laws and practices. While it provides land rights, formalizing these rights through government channels can offer greater security and ease of transactions.
  • Essential Utility Access: Access to essential utilities like electric supply significantly reduces development costs and timelines. Rainwater drainage facilities are crucial for managing water runoff, preventing erosion, and maintaining land stability.
  • Dirt Road Accessibility: Properties accessed by dirt roads are often found in developing or rural areas. While they may require more maintenance, they can offer a more secluded environment and potentially lower land acquisition costs compared to properties on paved roads.
  • Partially Developed Land: Partially developed land indicates that some initial infrastructure or improvements have already been made. This can save time and resources for future development, as basic groundwork may already be in place.

Description

• 8 acres of mixed-use land located in Makale, Matungu, suitable for both residential and farming purposes. • Property extends from a murram road to a stream, offering natural water access. • Situated approximately 300m from the local market and tarmac road, ensuring good accessibility. • The land is currently under a succession process, which is ongoing. • Flat topography with natural drainage towards the stream, ideal for various agricultural activities. • Located in a developing area with potential for future growth and property value appreciation. • Priced at KES 1,000,000 per acre, offering a total of KES 8,000,000 for the entire parcel.

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TypeMixed-use LandMixed-use LandResidential Land
FacilitiesElectric Supply, Rain Water DraingeCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
TitleCustomary Ownership
AddressMakaleKajiadoNgong
Land Area80.1
Listing byAgentOwner
Access RoadDirt RoadGravel Road
Property UseMixedMixedResidential
Type of Purchaseper Acreper PlotOutright Price
Development StatusPartially DevelopedFully Developed
PriceKSh 1,000,000KSh 1,000,000KSh 1,000,000