Prime Plot for Sale in Ruaka, Muchatha (With Income)

(0)

Ruaka 5 views Feb 22, 2025

KES 7,500,000 Selling

Overview
Last Updated Feb 22, 2025
Property ID 19419211
CategoryLand and Plots for Sale
PriceKES 7,500,000
Description

Prime Plot for Sale in Ruaka, Muchatha - An Investment with Immediate Returns

Looking to make a smart investment in one of Kenya's most sought-after areas? This 1/8 of an acre plot in the vibrant Ruaka, Muchatha suburb offers not just a piece of land but an existing income stream, making it a unique opportunity for investors.

Key Highlights:

  • Location: Just 50 meters from the main tarmac and a mere 20 kilometers from Nairobi's CBD, this plot is ideally positioned within a thriving and cosmopolitan community.
  • Size: Measuring 0.05 hectares, the plot is perfectly sized for developing modern residential units.
  • Income: Already generating income with 4 one-bedroom units currently rented out at KES 9,000 each, totaling KES 36,000 per month.
  • Development Potential: The area's popularity and demand make it ideal for constructing a modern residential flat, with a ready market awaiting new developments.
  • Land Features: A rectangular shape, flat terrain, rich red soil, and well-drained conditions make it an excellent candidate for construction with minimal preparatory work needed.
  • Facilities: The plot comes with essential amenities including car parking, electric supply, rain water drainage, and water supply, enhancing its value and utility.
  • Legalities: The title deed is clean and readily available for your due diligence, ensuring a smooth transaction.
  • Viewing: Arrange a site visit any day from Monday to Saturday to see the potential for yourself.

This property, listed at a negotiable quick sale price of KES 7.5M, represents not just a land purchase but a chance to invest in a location that's experiencing significant growth and demand. Whether you're looking to develop residential units or capitalize on the existing rental income, this plot in Ruaka, Muchatha is poised to deliver substantial returns on your investment.

For further details or to schedule a viewing, feel free to contact us. This is an opportunity you don't want to miss in the heart of Kiambu County.


Features

Car Parking

Electric Supply

Rain Water Drainage

Water Supply





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