5 Acre Land for Joint Venture in Karen Estate

5-acre Joint Venture opportunity in Karen, off Langata Road near Karen Hospital.

The property is suitable for an exclusive low-density residential development of approximately 10 premium homes. The proposed JV structure is based on a 40:60 sharing ratio, translating to 4 completed units for the landowner and 6 units for the developer. The land is valued at KES 70 Million per acre, making the total land value KES 350 Million. No upfront payment is required.

• Size: 5 Acres
• Location: Karen, Off Langata Road
• Land Value: KES 70 Million per Acre (KES 375 Million Total)
• Sharing Ratio: 40:60
• Units Allocation: 4 Landowner / 6 Developer
• No Upfront Payment Required

Contact George: 0759 254 254 for viewing arrangements