Ruiru Township Commercial Land 1.6 Acres

Ruiru Township Commercial Land 1.6 Acres - 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 95%

Market Demand

High Demand

Details

Type
Commercial Land
Address
Ruiru Township prime commercial 1.6 freehold title
Property Use
Commercial
Type of Purchase
Outright Price

Ruiru Township Commercial Land 1.6 Acres Highlights

  • Commercial Land Use: Commercial land is zoned for business activities, allowing for the construction of shops, offices, warehouses, or other income-generating properties. This type of land typically offers higher investment potential due to its economic utility.
  • Freehold Title Ownership: A freehold title grants the owner permanent and absolute ownership of the land and any structures on it. This provides maximum security and flexibility for development and transfer of ownership.
  • Strategic Location Potential: Commercial land in townships often benefits from proximity to established infrastructure, transport networks, and a growing customer base. This can significantly enhance the viability and profitability of commercial ventures.
  • Development Flexibility: Large commercial plots, such as 1.6 acres, offer substantial space for diverse development projects. This allows for comprehensive planning, including multiple buildings, ample parking, and future expansion opportunities.
  • Outright Purchase Benefits: An outright purchase means full payment at the time of sale, simplifying the transaction process and avoiding ongoing financial obligations like mortgages or leases. This provides immediate and complete control over the asset.

Description

• 1.6 acres (approximately 6,475 square meters) of commercial land in Ruiru Township. • Less than 1km from the main Thika Road superhighway, offering excellent accessibility. • Serviced with piped water, electricity, and a sewer line system available at the boundary. • Freehold title deed, ensuring clear ownership and straightforward transfer. • Located in a prime commercial area, suitable for various business developments. • Flat topography, ideal for construction with minimal site preparation. • Distress sale at KES 64,000,000, offering a competitive price for the location and size.

Compare

Ruiru Township Commercial Land 1.6 AcresThis item
Ruiru Township Commercial Land 1.6 Acres
KSh 64,000,000
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TypeCommercial LandResidential LandMixed-use Land
AddressRuiru Township prime commercial 1.6 freehold titleParklandsOlkeri
Property UseCommercialResidentialMixed
Type of PurchaseOutright PriceOutright PriceOutright Price
PriceKSh 64,000,000KSh 75,000,000KSh 60,000,000