Utawala Commercial Plot for Sale

This prime 50x100 corner plot presents an exceptional commercial development opportunity in the heart of Utawala's thriving real estate market. Strategically positioned behind Astrol Petrol Station and Utawala Shopping Centre, the property enjoys high visibility and easy accessibility.

Key Features:

• Prime Location: Just 100 meters from the tarmac road with excellent connectivity
• High-Demand Area: Situated in a rapidly growing, well-developed neighborhood
• Exceptional Rental Yields: Current market rates:
  - Bedsitters: KSh 15,000+ per month
  - 1-bedroom apartments: KSh 20,000+ per month
  - 2-bedroom units: KSh 30,000+ per month
• Development Potential: Approved for construction up to 16 floors as per Nairobi County regulations
• Corner Plot Advantage: Enhanced visibility and accessibility for commercial development

Investment Highlights:

This commercial plot represents a high-return investment opportunity in one of Nairobi's fastest-growing suburbs. The area's established infrastructure and growing population ensure strong demand for both commercial and residential spaces. With zoning allowing for high-density development (up to 16 floors), investors can maximize returns through strategic development of rental apartments, retail spaces, or mixed-use properties like other investment properties in Nairobi.

Aking Price: KSh 16,000,000 (Negotiable for serious buyers)