Distress Sale: Half Acre Redsoil Land in Olkeri, Ngong - KES 9.2M

Distress Sale: Half Acre Redsoil Land in Olkeri, Ngong - KES 9.2M - 1
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Price Analysis Fair Price

Based on 1036 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Address
300 metres off Olkeri-Karen tarmac
Property Use
Mixed
Type of Purchase
Outright Price

Distress Sale: Half Acre Redsoil Land in Olkeri, Ngong - KES 9.2M Highlights

  • Prime Location Access: Properties in this area often benefit from proximity to major roads, facilitating easy commutes and access to essential services. This can enhance convenience for residents and potential investors.
  • Mixed-Use Zoning Potential: Mixed-use land allows for a combination of residential, commercial, or other approved developments. This offers flexibility for diverse investment strategies and property utilization.
  • Red Soil Suitability: Red soil is generally known for its good drainage and fertility, making it suitable for various types of construction and agricultural activities. It's a common and stable soil type in many regions.
  • Outright Purchase Convenience: An outright purchase means full ownership of the property without ongoing mortgage payments. This provides immediate equity and simplifies property management.
  • Developing Neighborhood: Areas like Olkeri are often experiencing growth and development, which can lead to increased property values over time. Infrastructure improvements are common in such expanding locales.

Description

• Prime half-acre plot with rich redsoil, ideal for development. • Located in Olkeri, Ngong, just 300 meters off the Olkeri-Karen tarmac road. • Situated in a well-settled community, approximately 5 minutes drive to Karen Centre. • Essential utilities including water and electricity are available on site. • Ready freehold title deed ensures a straightforward purchase process. • The land is zoned for mixed-use, offering flexibility for various development plans.

Compare

Distress Sale: Half Acre Redsoil Land in Olkeri, Ngong - KES 9.2MThis item
Distress Sale: Half Acre Redsoil Land in Olkeri, Ngong - KES 9.2M
KSh 12,000,000
1/4 Acre Land with 3-Bedroom Bungalow
1/4 Acre Land with 3-Bedroom Bungalow
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1/4 Acre Fully Developed Residential Plot for Sale in Kiamunyi
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KSh 15,000,000
TypeMixed-use LandCommercial LandMixed-use Land
Address300 metres off Olkeri-Karen tarmac804003227-20100
Property UseMixedMixedResidential
Type of PurchaseOutright PriceOutright Priceper Plot
PriceKSh 12,000,000KSh 13,010,000KSh 15,000,000