Prime 1/8 Acre Plot in Gated Community (Kikuyu, Ondiri)

Prime 1/8 Acre Plot in Gated Community (Kikuyu, Ondiri) - 1
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Price Analysis Fair Price

Based on 590 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Address
Old Lake Villas
Listing by
Owner
Property Use
Residential
Type of Purchase
Outright Price
Development Status
Partially Developed

Prime 1/8 Acre Plot in Gated Community (Kikuyu, Ondiri) Highlights

  • Gated Community Benefits: Gated communities offer enhanced security through controlled access and often provide shared amenities like parks or clubhouses, fostering a sense of community.
  • Residential Land Use: Residential plots are designated for building homes, subject to local zoning laws and regulations. They are ideal for constructing private dwellings or multi-family units.
  • Partially Developed Status: Partially developed land may have some infrastructure in place, such as access roads or initial utility connections. This can reduce initial development costs and time.
  • Outright Purchase: An outright purchase means the buyer pays the full price upfront, gaining immediate ownership of the property. This avoids ongoing interest payments associated with financing.
  • Plot Size Considerations: An 1/8th acre plot (approximately 50x100 feet) is a common size for residential development in many areas. It typically offers sufficient space for a family home and a small garden.

Description

• 1/8th acre (approximately 50x100 feet) residential plot within Old Lake Villas gated community. • Located approximately 4.3 km from Kikuyu Town, offering a balance of tranquility and accessibility. • Situated in a developed gated community with completed infrastructure and residents already living there. • Ideal for building a residential home in a secure and established environment. • Clean title deed available, ensuring a straightforward transfer process. • Access to essential utilities like water and electricity is readily available within the community. • The area is experiencing steady growth, making it a potentially good investment.

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Prime 1/8 Acre Plot in Gated Community (Kikuyu, Ondiri)
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TypeResidential LandResidential LandResidential Land
AddressOld Lake VillasOloikaKaruguru
Listing byOwnerAgent
Property UseResidentialResidentialResidential
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusPartially DevelopedUndeveloped
PriceKSh 6,500,000KSh 5,000,000KSh 5,000,000