Lake View in Nakuru Town West presents exceptional commercial land investment opportunities in one of Nakuru's most sought-after locations. This prime area offers strategically positioned business plots with panoramic views of Lake Nakuru, making it ideal for various commercial ventures including retail outlets, office complexes, hospitality establishments, and mixed-use developments. The area's progressive zoning regulations specifically cater to commercial growth while maintaining aesthetic standards.
Lake View is characterized by its elevated topography providing stunning vistas of Lake Nakuru National Park. The area features predominantly red volcanic soil suitable for construction without extensive groundwork. Commercial plots are strategically positioned along access roads with generous road setbacks of 30 feet from the center line. The neighborhood is rapidly developing into Nakuru's premium commercial corridor, attracting investors seeking high-return opportunities in the hospitality and retail sectors.
The commercial plots in Lake View range from 1/8 acre to 1 acre parcels, with premium corner plots commanding higher values. Current market prices range from Ksh 4.5 million for a standard 1/8 acre plot to Ksh 18 million for prime 1-acre parcels with double road frontage. Most plots come with ready title deeds (freehold), surveyed boundaries, and approved development plans. The area offers excellent infrastructure including tarmac access roads, county water connection points, three-phase electricity, and fiber optic connectivity.
Lake View operates under Nakuru County's commercial zoning regulations requiring minimum plot sizes of 0.1 acres for commercial developments. Building setbacks include 15 feet from front boundaries, 10 feet from side boundaries, and 15 feet from rear boundaries. The area permits mixed-use developments combining commercial and residential components, with maximum height restrictions of 4 floors. All developments require environmental impact assessments due to proximity to Lake Nakuru National Park buffer zone.
Commercial land in Lake View has shown consistent appreciation of 15-20% annually due to its strategic location along the Nairobi-Nakuru highway corridor and proximity to tourist attractions. The ongoing expansion of Nakuru's urban center toward this direction ensures continued demand for commercial space. Investors can expect rental yields of 8-12% for completed commercial properties, with particularly strong demand for retail spaces and hospitality establishments catering to tourists visiting Lake Nakuru National Park.
| Plot Size | Price Range | Title Status | Road Access |
|---|---|---|---|
| 1/8 Acre | Ksh 4.5M - Ksh 6M | Ready Freehold | Tarmac |
| 1/4 Acre | Ksh 8M - Ksh 10M | Ready Freehold | Tarmac |
| 1/2 Acre | Ksh 12M - Ksh 15M | Ready Freehold | Tarmac/Murram |
| 1 Acre | Ksh 16M - Ksh 18M | Ready Freehold | Tarmac/Murram |