1 Acre for sale – Riverside

KES350,000,000

ONE ACRE FOR SALE RIVERSIDE, NAIROBI

Location: Riverside’s location is highly advantageous. It is situated in Nairobi, the capital city of Kenya, which serves as the country’s economic and political hub. Being in close proximity to major business districts like Westlands, Spring Valley, Lavington and Upper Hill provides easy access to corporate offices, financial institutions, and commercial centres. Additionally, Riverside is well-connected to major transportation routes, making commuting more convenient. Riverside features apartments and housing for sale often cited as “exclusive living” due to the luxurious design and aesthetics of the neighbourhood.

Prestige and Lifestyle: Living in Riverside signifies affluence and prestige. The neighbourhood is known for its upscale residences, lush greenery, and scenic views. It attracts high-net-worth individuals, diplomats, expatriates, and business elites. By purchasing a one-acre plot in Riverside, you become part of an exclusive community and enjoy the associated lifestyle benefits. The area offers a range of leisure and recreational activities, including golf courses, country clubs, parks, and fine dining establishments. Riverside is popular with diplomats, expatriate investors and local business owners, especially known for its secure and quiet environment. Many residential options are provided, with a lot of growing interest in the development of apartment units. Riverside Drive acts as the spine of the neighbourhood-granting residents easy access to large roads such as Waiyaki Way. This upmarket area is home to many international offices, key among them being the German Embassy, the Danish Embassy and even the Malawi and Australian Commissions. Offering both luxury and convenience, Riverside has apartments and houses for sale that are sought after by professionals looking for a place to call home.

Property Value: Riverside has a reputation for being one of the most affluent and sought-after neighbourhoods in Nairobi. Over the years, the area has experienced consistent appreciation in property values. Demand for housing in Riverside remains high due to its prestigious status, exclusivity, and the presence of high-end amenities. Investing in a one-acre plot in this prime location positions you to benefit from the potential growth in property value.

Development Potential: Owning a one-acre plot provides ample space for development. You have the flexibility to build a custom-designed luxury residential home that meets your preferences and requirements. Alternatively, you can explore the possibility of constructing a multi-unit housing project, such as townhouses or apartments, which are in demand among professionals, expatriates, and high-income earners seeking upscale living options in Nairobi. Moreover, there may be opportunities for commercial development, such as constructing office buildings, restaurants, or retail spaces to cater to the thriving business community in the area.

Security and Infrastructure: Riverside boasts well-planned infrastructure and amenities, including well-maintained roads, reliable water and electricity supply, and robust security measures. These factors contribute to a safe and comfortable living environment. The presence of security personnel, gated communities, and surveillance systems help ensure the safety of residents and their properties. Additionally, Riverside offers access to high-quality healthcare facilities, renowned educational institutions, upscale shopping centres, and recreational spaces, enhancing the overall quality of life.

Rental Income Potential: If you choose not to develop the plot immediately, there is potential to generate rental income. The demand for land and property in Nairobi remains high, and developers or individuals interested in farming or other commercial activities may be interested in leasing your plot. This rental income can provide a steady cash flow while you wait for the opportune time to develop or sell the land.

Diversification: Investing in real estate, particularly in a prestigious location like Riverside, allows you to diversify your investment portfolio. The land is considered a tangible and stable asset that tends to appreciate over time. By owning a one-acre plot in Riverside, you add a valuable asset to your investment mix, reducing risks associated with relying solely on stocks, bonds, or other financial instruments.

Viewing is free and on arrangement.

0700 215 848 or 0719 443 339

KES350,000,000

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