Land with 3-Bedroom House and Hostels Near Karatina University

Price Analysis Above Market
Based on 13 similar listings
Negotiation Tips
Price is significantly above market
Suggested offer: KSh 180K
Potential discount up to 98%
Market Demand
Details
- Type
- Residential Land
- Period
- per month
- Listing by
- Agent
- Property Use
- Mixed
Land with 3-Bedroom House and Hostels Near Karatina University Highlights
- Residential Land Use: Residential land is typically zoned for housing, offering a foundation for building homes or apartments. It often comes with access to essential utilities like water and electricity.
- Mixed Property Use Potential: Properties with mixed-use potential can accommodate both residential and commercial activities, offering flexibility for development. This can include small businesses alongside living spaces, depending on local zoning.
- Agent-Listed Properties: Properties listed by agents often provide professional guidance through the rental process. Agents can assist with legal documentation, negotiations, and ensuring a smooth transaction for both parties.
- Monthly Rental Period: Renting land on a monthly basis offers flexibility for short-term projects or for those who prefer not to commit to long-term leases. This arrangement typically requires recurring payments at the start of each month.
- Utility Access Considerations: When renting land, it's crucial to verify the availability and cost of connecting to water, electricity, and sewage systems. These utilities are fundamental for any development or sustained use of the property.
Description
• 0.5 acre (half an acre) plot located 2km from Karatina University and 100m from Jambo Kagochi Highway. • Features a modern 3-bedroom house with three spacious bedrooms, a spacious kitchen, and a spacious sitting room. • Includes seven 10x10ft hostels, all currently occupied, providing rental income. • The property also has tea leaves planted, indicating agricultural potential or existing cultivation. • Security in the area is described as highly tight, with good neighbors. • Price is negotiable, indicating flexibility for potential buyers. • The property is being sold on behalf of the owner, with a quick sale desired.