Prime Half-Acre Land in Runda Mushroom - KES 33M
Calling all developers and visionary homeowners! This half-acre plot in the highly sought-after Runda Mushroom area offers an exceptional opportunity for profitable development or building your dream home.
Why This Land is Your Next Big Opportunity:
- Strategic Location: Runda Mushroom Gardens is a controlled area with excellent road networks, ensuring easy access and a desirable address.
- High-Yield Development Potential: Outside the gated estate, regulations allow for up to 4 units on this half-acre plot (each on 1/8th acre), making it perfect for townhouses.
- Strong Return on Investment: With unit prices projected between KES 40M - 50M, a 4-unit development could yield approx. KES 180M in total sales, offering an impressive approx. KES 80M margin.
- Manageable Project Timeline: Expect a project duration of just 7 months to 1 year from design to handover.
- Attractive Land Value: Priced at KES 35,000,000, this land forms the foundation for your profitable venture.
- Investment Income Option: Alternatively, build a main house and an additional unit for a steady rental income of approx. KES 250k - 300k per month.
Whether you're looking to build and sell for significant profit or create a bespoke home with an income-generating unit, this Runda Mushroom plot is your ideal choice.
Contact George at 0759-254 254 for more details and to explore this lucrative project.
