1.2 Acres for sale – Westlands
KES400,000,000
Details
1.2 ACRES FOR SALE CHURCH ROAD, WESTLANDS
1.2 ACRES FOR SALE CHURCH ROAD, WESTLANDS
- Prime Location: Church Road in Westlands is known for its prime location within Nairobi. It is a vibrant and well-established neighborhood that offers convenient access to a wide range of amenities and services. Being centrally located, it provides easy connectivity to major business districts, shopping centers, educational institutions, healthcare facilities, and entertainment options. This prime location can increase the demand for properties in the area, potentially leading to long-term value appreciation.
- Future Development Potential: Westlands is experiencing ongoing development and growth, making it an area of high potential. The local government and private developers often invest in infrastructure improvements, including road networks, public transportation, and other amenities. This development can positively impact property values and attract businesses, further enhancing the desirability of the location. By buying land in Westlands, you position yourself to potentially benefit from these future developments.
- Investment Appreciation: Historically, land has shown the potential for appreciation in value over time. As urban areas expand and demand for prime locations increases, land prices tend to rise. By investing in 1.2 acres of land in a desirable area like Westlands, you may benefit from capital appreciation in the long run. However, it’s important to note that real estate markets can be unpredictable, and there are no guarantees of immediate or substantial returns.
- Flexibility in Use: When you purchase land, you have the flexibility to utilize it according to your specific needs and goals. Depending on the zoning regulations and land-use policies in place, you can explore various development options. For example, you may consider constructing residential properties such as apartments or townhouses, commercial buildings, or mixed-use developments. This flexibility allows you to adapt to market demands and maximize the land’s potential based on your preferences and investment strategy.
- Diversification of Portfolio: Investing in land provides diversification benefits, which can help spread risk in your investment portfolio. Land is an asset class that behaves differently from traditional financial instruments such as stocks and bonds. By diversifying your portfolio with land holdings, you reduce the potential impact of market fluctuations in other investment sectors, potentially enhancing overall portfolio stability.
- Control over Property: Owning land gives you full control over the property. You have the freedom to decide how to develop and manage it based on your objectives. Whether you choose to develop the land immediately or hold onto it for future use, you have the autonomy to make decisions that align with your investment strategy and vision.
- Potential Rental Income: Depending on the zoning regulations and market demand, owning land in Westlands can provide opportunities for generating rental income. If you decide to develop the land with residential or commercial properties, you can lease or rent them out to tenants, creating a steady income stream. This can provide a source of cash flow and potentially enhance the overall return on your investment.
1.2 ACRES FOR SALE CHURCH ROAD, WESTLANDS
- 0.4978 Hectares / 1.2 Acres for sale
- Gentle slopping land
- Red Soil
- Mature trees
- Located Off Rhapta Road, Along Church Road, Westlands in Nairobi
- Tenure: Leasehold Interest
- Ready to Transfer Title Deed
- Ready for immediate development
- Rental building developments in the area
- Ideal for the construction of rental buildings
PRICE: KES 400M Negotiable
Talk to us:
0719 443 339 or 0700 215 848
Email: info@lesama.co.ke
- Property type: Plots / Land , Residential Land
- Offer type: For Sale
- City: Nairobi , Westlands
- Property Size: 1.2 Acres
- Year: 2023