RESIDENTIAL DEVELOPMENT OPPORTUNITY – RUIRU MATANGI JUNCTION (CATHOLIC)

An attractive 1-acre residential development opportunity is available for acquisition in the Ruiru Matangi Junction (Catholic) area. The property presents an opportunity for investors and developers looking to undertake a residential housing project in a growing area.

The land can be subdivided into 20 plots measuring approximately 40 × 80 each, providing an opportunity to develop a structured residential community.

Proposed Development Model:

The proposed model involves acquiring the land at KSh 40 million, developing approximately 20 residential houses, and selling the completed units at an estimated KSh 9.5 million per house.

Key Investment Details:

Land Size: 1 Acre

Subdivision Potential: 20 plots

Approximate Plot Size: 40 × 80

Land Acquisition Price: KSh 40 Million

Proposed Units: 20 Residential Houses

Estimated Selling Price: KSh 9.5 Million per completed house

Potential Gross Sales Revenue: Approximately KSh 190 Million, before development and other associated costs.

This opportunity may be suitable for property developers, real estate investors, and individuals seeking to undertake a residential housing project in the Ruiru area.