KSh 15,000,000
Two-Storey Building for Sale in Migadini, Changamwe
Migadini • 5 d ago
Prime Commercial 1/4 Acre Plot with Hostels for Sale at Kutus
1 / 5
Price Analysis Good Price
Based on 64 similar listings
Market Demand
High Demand
Details
- Address
- Near Kirinyaga university
- Condition
- Newly Built
- Furnishing
- Unfurnished
- Property Type
- Hostel
- Square meters
- 1,000 sqm
- Parking Spaces
- 10+
- Secure Parking
- true
Prime Commercial 1/4 Acre Plot with Hostels for Sale at Kutus Highlights
- Prime Location Near University: Properties situated near universities often benefit from consistent demand from students and staff. This proximity can translate to strong rental income potential and a stable occupancy rate.
- Purpose-Built Hostel Accommodation: Hostels are designed to maximize occupancy and provide affordable living solutions. They typically feature multiple rooms, shared facilities, and efficient use of space to cater to a large number of residents.
- Generous Plot Size: A 1/4 acre plot offers substantial space, allowing for potential future expansion or additional amenities. This size is ideal for commercial ventures requiring room for operations and parking.
- Ample Parking Availability: With 10+ parking spaces, this property can comfortably accommodate vehicles for residents and visitors. Adequate parking is a significant convenience factor, especially in busy urban or academic areas.
- Newly Built Construction: Newly built properties generally require less immediate maintenance and benefit from modern building standards. This can lead to lower operational costs and a more appealing environment for tenants.
- Secure Property: Secure parking and a well-maintained property contribute to a safe environment for residents and their belongings. This is a crucial factor for attracting and retaining tenants.
Description
• Prime 1/4 acre commercial plot located in Kutus, adjacent to Kirinyaga University. • Property is situated 250 meters off the tarmac road, ensuring good accessibility. • Features 26 fully occupied hostel units, generating consistent rental income. • Includes a freehold title deed, offering clear ownership. • Ample space available for future expansion and development. • Existing sewer infrastructure in place, facilitating further development. • Suitable for investors seeking a well-established income-generating property.
Compare
 This itemPrime Commercial 1/4 Acre Plot with Hostels for Sale at Kutus KSh 14,000,000 |  Two-Storey Building for Sale in Migadini, Changamwe KSh 15,000,000 |  Commercial Building for Sale in Mai Mahiu KSh 10,000,000 | |
|---|---|---|---|
| Condition | Newly Built | Fairly Used | Fairly Used |
| Property Type | Hostel | Business Center | Business Center |
| Furnishing | Unfurnished | Semi-Furnished | Unfurnished |
| Address | Near Kirinyaga university | Changamwe | 67 Naivasha |
| Square meters | 1,000 sqm | 70 sqm | 1,500 sqm |
| Parking Spaces | 10+ | 2 | — |
| Secure Parking | true | — | — |
| Price | KSh 14,000,000 | KSh 15,000,000 | KSh 10,000,000 |
