PARTLY DEVELOPED PLOT 50 by 100 Mutomo .Kitui

(0)

Mutomo 3 views Apr 08, 2025

KES 3,500,000 Selling

Overview
Last Updated Apr 08, 2025
Property ID 19407383
CategoryLand and Plots for Sale
PriceKES 3,500,000
Description

Prime Commercial Development Opportunity in Mutomo, Kitui

This partially developed 50x100ft commercial plot presents an exceptional investment opportunity in the growing area of Mutomo, strategically located near the Mutomo Airstrip. The property combines immediate income potential with room for further development.

Property Features:

  • Prime Location: Adjacent to Mutomo Airstrip with excellent visibility and accessibility
  • Secure Perimeter: Sturdy red brick wall surrounding the entire property
  • Existing Structures:
    • 2 completed 1-bedroom rental units with electrical connections
    • 3 additional unfinished units awaiting completion
  • Utilities: Equipped with built-up septic tank and electricity supply
  • Income Potential: Current units can generate KES 4,500-5,000 monthly income
  • Infrastructure: Includes rainwater drainage and car parking space

Investment Highlights:

This turnkey commercial property offers investors both immediate rental income and long-term appreciation potential. The existing structures provide cash flow while leaving room for expansion or redevelopment. The plot's commercial zoning allows for various business uses, making it ideal for entrepreneurs or investors looking to establish a presence in this developing area.

The property's strategic location near the airstrip ensures consistent foot traffic and visibility, while the existing infrastructure minimizes additional development costs. With Mutomo's growing economy, this property represents a high-value investment at just KES 3.5 million.


Features

Electric Supply

Rain Water Drainage

Domestic Sewage

Car Parking





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