Land for Sale in Brookside with 4 Townhouses

Land for Sale in Brookside with 4 Townhouses - 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 99%

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Lease Agreement
Address
Brookside
Agent Fee
KSh 0
Facilities
Car Parking, Domestic Sewage, Electric Supply, Water Supply
Listing by
Agent
Access Road
Paved Road
Property Use
Mixed
Type of Purchase
Outright Price
Development Status
Partially Developed

Land for Sale in Brookside with 4 Townhouses Highlights

  • Mixed-Use Land Potential: Mixed-use land offers flexibility for various development projects, combining residential, commercial, or industrial purposes. This versatility can maximize investment returns and cater to diverse community needs.
  • Leasehold Ownership: Leasehold land ownership grants rights to use the land for a specified period, typically 33, 66, or 99 years, as per Tanzanian law. It's a common arrangement for property development and investment.
  • Paved Road Access: Properties with paved road access generally benefit from easier transportation, reduced vehicle wear and tear, and improved accessibility for construction and daily commutes. This enhances property value and convenience.
  • Essential Utilities Available: Access to essential utilities like water supply, electric supply, and domestic sewage is crucial for any development. These services significantly reduce initial development costs and ensure habitability.
  • Partially Developed Status: Partially developed land indicates that some infrastructure or initial construction may already be in place. This can accelerate further development and potentially reduce overall project timelines and costs.

Description

• 1.1 acres (approximately 4,450 sqm) land parcel in Brookside, suitable for residential or commercial use. • Includes four existing 5-bedroom townhouses, all en-suite, each separated by a wall for privacy. • Current rental income for the townhouses is estimated between KES 200,000 - KES 250,000 per month. • Ideal for redevelopment into modern residential or commercial properties due to its prime location. • All necessary land papers are ready for transfer, ensuring a smooth transaction process. • Located along Brookside, near Piano House, offering good accessibility and established infrastructure.

Compare

Land for Sale in Brookside with 4 TownhousesThis item
Land for Sale in Brookside with 4 Townhouses
KSh 255,000,000
7.5 Acres Sabaki Mlolongo
7.5 Acres Sabaki Mlolongo
KSh 300,000,000
Land for Sale 10 Acres Facing Lake Elementaita
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KSh 230,000,000
TypeMixed-use LandMixed-use LandResidential Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Water SupplyWater Supply, Rain Water Drainge, Electric Supply, Car ParkingCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
TitleLease AgreementCustomary Ownership
AddressBrooksideSabaki mlolongoGilgil
Agent FeeKSh 0
Listing byAgentAgentOwner
Access RoadPaved Road
Property UseMixedMixedResidential
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusPartially DevelopedUndevelopedFully Developed
PriceKSh 255,000,000KSh 300,000,000KSh 230,000,000